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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: Harold S. Kirby who wrote (29907)4/23/1999 8:22:00 AM
From: Al Cano  Read Replies (2) of 45548
 
AT&T Armstrong wants cash cows thus LUCENT will be doing the Same & 3COM is a cash Cow. Lucent would benefit w/new technologies from 3com. As you know, Lucent was a part of AT&T as a result Lucent are looking for cash cows also. I came up with this conclusion yesterday since I heard the Lucent VP report that they want to grow at a 20% growth rate. As you know, Lucent can not reach this without cash cows. I don't think they want to take the AT&T strategy however Lucent wants to be a part of the linkage or connector of all the data/voice communications technologies. In addition, 3COM's QOS solution is needed which CSCO, & Nortel are stuggling to master. As you know, Lucent is trying to master it also. Only 3com has mastered QOS solution. In short, Lucent would be one of the only American company with the cash to buy 3COM and they can use 3com in it's future growth and strategies. (( This is my opinion and conclusion )).

In reference IBM's positive earnings, yes, it should boost the tech sector. In addition, Gateway's earnings is very positive news also. SUNW had a positive report & beating WS expectations & took a hit however it is now recovering. In short, 3com should benefit with the positive news.
Al
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