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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: bgg who wrote (31909)	6/22/1999 5:26:00 PM
From: American Spirit	Read Replies (1) \| Respond to of 45548

Low 30's is fine as a base. But any takeover rumors could propel us MUCH higher. Look what happened last October in a crummy market. All the way to 50. Bottomline nomatter how cutting edge COMS becomes it still cannot survive that easily on its own. COMS is for sale, I've heard, just for the right price and the whole shebang, not just its juicy parts. Possible two companies will team up to buy various parts. Lots of different scenarios. In Europe telcos are particularly desperate for networkers. And the Pilot is the crown jewel. All the giant techs would love to own it. For what its worth, my parents Payne Webber broker recommended COMS two months ago as a longterm recovery play with a target of $60. I've also seen targets of $80. So who cares if it dips a point or two. Last time it dipped I bought. $25 was quite a deal as it turned out.