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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: Doughboy who wrote (28733)	3/4/1999 10:01:00 AM
From: Moonray	Read Replies (2) of 45548

BNP's Blaich on Siemens' Possible U.S. Expansion: Comment Frankfurt, March 4 (Bloomberg) -- Following are comments by Alexander Blaich, an analyst at Banque Nationale de Paris in Frankfurt, on reports Siemens AG is in talks to buy 3Com Corp.'s networking equipment unit and is planning other U.S. purchases to boost its data communications operations. He rates the stock a ''market performer'' ''The U.S. expansion would fit in with the company's strategy. Last year and the year before they concentrated on power plants and this year and the following year it will be information and communications technology. And the U.S. will be the focus because that's where the potential lies.'' ''Siemens won't be taking over all of 3Com but maybe they will buy a unit or other small companies. Buying a number of small companies is a strategic move -- it helps to be involved in several technical areas and to be part of the area that emerges as the winner. That's better than putting several billion marks into one company.'' o~~~ O

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