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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: Kenneth E. Phillipps who wrote (29258)	3/26/1999 7:30:00 AM
From: Al Cano	Read Replies (1) of 45548

COMS may not want to sell Palm Unit to Nokia w/9bil- Not looking out for shareholders value. Nonetheless, this Palm growth area would destroy a future revenue source even if it is a very small portion of 3COM's total revenue In my opinion, I believe COMS is not (again not) looking to find value to it's shareholders or ways to increase the stock price. With the 3COM stock price so low, COMS should be buying NOW. (A Negative sign)= If the company is not buying at these levels, then they expect the stock to go down further. In addition, if employees are not buying their own company's stock, then this is another negative sign (ie...... . the employees and officers do not have confidence in the company). NEW YORK, March 25 (Reuters) - Nokia Corp's chairman told Business Week the Finnish telecom equipment maker plans to buy some more Internet companies, the financial weekly reports in its April 5 edition. The magazine's closely-watched Inside Wall Street column quoted chairman Jorma Ollila as saying the company would use a lot of the $9 billion raised in a new stock issue for acquisitions. Ollila did not provide details but Business Week said analysts were speculating that companies he is eyeing could include Britain's Psion PLC (NYSE:POL - news), Qubit Technology and 3Com Corp's (Nasdaq:COMS - news) PalmPilot. 3Com was not immediately available for comment and Qubit could not immediately be reached. The magazine said Nokia in the past year and a half had snatched up four small companies that specialise in electronic commerce, Internet routers and other Internet-related businesses.

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