MRV Communications (MRVC) opinions? Message Board

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Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

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Aug 15 5:00 PM EST

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To: signist who wrote (12357)	3/8/1999 1:05:00 PM
From: signist	Read Replies (2) of 42804

3Com is undervalued....poor baby :-( (NewsTraders) 3Com's Recent Missteps May Lead Rivals To Eye Firm (COMS) - 3Com's Recent Missteps May Lead Rivals To Eye Firm (COMS) - Report (NewsTraders.com)-- 3Com Corp.'s (COMS) shares fell hard last week after announcing that it would miss analysts' third quarter earnings estimates, which might lead rivals to think about acquiring the company, Edgar Masri, 3Com's new enterprise networks chief, told Network World Fusion. Highlights: - "I'm not saying that we'd like to be acquired. All I'm saying is that given the slowdown in the market there is a risk that some companies will startlooking at us and see that 3Com is undervalued," Masri said. - "We believe that we have enough strengths to go ahead independently," he added. - Masri also said that "customers should be concerned" that 3Com could be acquired as a result of its weak stock and general market slowdown. - The company leads in the small to medium-size enterprise market, and also dominates in selling network interface cards and stackable workgroup switches, but 3Com has lagged in penetrating into the large enterprise networks, according to Industry Standard. Copyright 1999 NewsTraders Inc. All Rights Reserved 12:55 Monday, March 08, 1999 * end of story *

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