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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: Doug who wrote (30866)5/13/1999 7:02:00 PM
From: Patriarch  Read Replies (1) of 45548
 
Doug,

The term implosion relates to the vacuum of leadership COMS sustains at the moment.

With a takeover, even with the premium that will come with it, COMS management is basically saying "We can't grow the business by ourselves", "We need a partner for us to go forward". If COMS were strong enough to go it alone, none of this would be under discussion.

Being a late-comer to COMS and foreseeing a takeover, I welcome it as soon as possible. But it is a white-flag in terms of management.

Regards,
Pat
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