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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 (30033)4/25/1999 2:38:00 PM
From: Doug  Read Replies (1) of 45548
 
Harold: Whilst a buyout makes sense, I am less confident about it happening tomorrow. The reasons are

a: The optimum buyout price is got when the price of COM's stock is closer to its high than near its low.

b: The shareholders of the take over Company will be up in arms if a
price paid results in a doubling of COMS value.

c: A take over price closer to COM's low will not be acceptable to COM's shareholders.

d: A take over price that might satisfy all shareholders may be a max of 35% above COMS last trade.

In brief, it is likely that COMS price may have to climb up further before any take over can be announced.

A discussion is welcome.!
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