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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001300.0%Nov 7 11:47 AM EST

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To: Bill Coenen who wrote (27986)2/11/1999 12:58:00 AM
From: David Lawrence  Read Replies (3) of 45548
 
>>A buy back by a cash solvent 3COM right now would accomplish a number of things and be a smart financial move to boot.

I think not. One of the things it would accomplish is to inhibit their ability to do pooling of interests acquisitions. They have a rather large hoard of cash, and they would probably like to buy their stock back at the current discount, but don't bet on it.
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