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

To: Mehrdad Arya who wrote (32598)	7/24/1999 4:38:00 PM
From: Captain Jack	Read Replies (1) \| Respond to of 45548

Oh,, no big deal the stock ONLY dropped 10.1% last week,,, a few more weeks and we will have to pay to hold it..

To: Mehrdad Arya who wrote (32598)	7/24/1999 10:44:00 PM
From: Joe S Pack	Respond to of 45548

Mehrdad, Thanks for sharing your impression about 3COM ( 3 inCOMpitents: CEO, CFO and THE Board). Now you understand why there were so many people unhappy about the current structure. It has been a very long wait with no relief in foreseeable future. Regarding IBM deal, it is a good short term prospect. But wondering whether big Blue is in a mood to get the PALM by itself. -Nat On Friday I spoke with a lady in Investor Relations, her comments were not very conducive and as a matter of fact were negative; she did very little to give me incentive to buy COMS' stock. I personally think that the company is deliberately being indifferent about their image hoping we all panic and sell, so that they can buy their 15 Million shares at a discount. The average price paid last quarter was roughly $23.625 and I surmise they are hoping that they could buy into their own shares (this quarter) at the same price. The Directors are smart, they sell their own shares at a premium and down play the prospects of the company and buy back into it at a discount. It is fraud, but the key is proving it. Without help from within it is going to be an exercise in futility in proving this allegation. Hence, only a nuisance in litigation. BTW - This is common practice in a lot of companies, but good luck in proving it.