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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-18.8%

Nov 7 11:47 AM EST

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To: David Lawrence who wrote (20558)	8/13/1998 7:16:00 PM
From: joe	Read Replies (1) of 45548

David, Appreciate your answering those questions! Here's one more... >>The poison pill only makes a hostile takeover difficult, and is designed to protect the senior management team, not the shareholders.<< Hmnn, that doesn't sound good. How are senior management protected? I guess salary wise, compensation wise if their employment contracts get terminated sooner than expected? If this is the case, then how does this get negotiated into the laws of the board? Seems to be somewhat anti-friendly for shareholders. I wouldn't think that senior management has that much leverage unless their sleeping in the same bed as board members, and even still, regular shareholders would be pretty vocal about such a thing...unless they really want to keep senior management badly enough??? I guess, I don't know enough about it. Can you shed a little more light on it? Thanks!

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