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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 4:23:00 AM
From: Tim McGee  Read Replies (1) of 45548
 
They are already doing this. 2 Qtrs ago COM$ announced a buyback for 10 Mil shares. In the first qtr of the buyback they only bought 1M shares. I don't remember how many they bought back last qtr.

I'm sure their investment banker is getting busy in the market to finish this off.

Tim

A buy back by a cash solvent 3COM right now would accomplish a number of things and be a smart financial move to boot
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