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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Nov 26 9:30 AM EST
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To: Joe Gun who wrote (29779)4/19/1999 8:29:00 AM
From: Joe Gun  Read Replies (1) of 45548
 
California Technology Stock Letter

of April 16, 1999 states that COMS will be taken over by the end of the year for between $40 - $50 per share. They state the rumor in Silicon Valley is that Ericsson is currently talking to COMS about a buyout. Other possible acquirers are Lucent, Alcatel, Siemens and Nokia. They further state that although they predict a buyout by the end of 1999 it could come soon after the audited fiscal 1999 results are available in June 1999.

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