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To: Ram Seetharaman who wrote (9081)1/6/2001 4:10:18 PM
From: DJBEINO  Read Replies (1) | Respond to of 9582
 
Here is one more for you : ALSC

3Com, Cabletron Among Cash-Rich Picks, Barron's Says
1/6/01 8:46:00 AM
Source: Bloomberg News


New York, Jan. 6 (Bloomberg) -- 3Com Corp. and Cabletron Systems Inc. are among the cash-rich technology companies whose shares may rise this year after plunging from their highs, Barron's said, citing fund managers.

3Com has net cash and investments of around $3 billion, or $8.70 a share, near its share price, Barron's said. That means investors are paying almost nothing for the company's networking business, the magazine said.

''There's virtually no downside from here,'' Alex Cutler, portfolio manager at Brandywine Asset Management, told Barron's. He says 3Com's new data-connection products are promising, as is Cabletron's Riverstone Networks division, which may go public this quarter.

Apple Computer Inc., disk-drive maker Maxtor Corp., and SONICblue Inc., a maker of MP3 players, also are cheap given their cash holdings, Peter Higgins, manager of the Dreyfus Mid-Cap Value fund, told Barron's.

''If you're willing to look out a year, you can make a lot of money,'' said Higgins, whose fund returned 27 percent last year.

Others with depressed shares and solid balance sheets, according to Barron's, are Adaptec Inc., BMC Software Inc., DoubleClick Inc., Electronics for Imaging Inc., National Semiconductor Corp., Novell Inc. and Viant Corp. (Barron's 1/8 20) For the Barron's Web site, see {BARR }.



To: Ram Seetharaman who wrote (9081)1/6/2001 4:30:25 PM
From: DJBEINO  Respond to of 9582
 
Taiwan's stock index to surge 40%-50% in 12 months: UBS Warburg

Taipei, Jan. 4, 2001 (CENS)--UBS Warburg Securities has recommended its clients to increase their portfolios of Taiwan stocks, predicting share prices of the local stocks are likely to climb 40%-50% within the next 12 months.

In its report on investment strategy for the first quarter of 2001, the renowned securities house said the benchmark index of the local bourse has slid to an extremely lower level, therefore, urging investors to build up fresh positions on Taiwan stocks.

The latest rate cuts by the U.S. Federal Reserve will play the key role as a booster to push up share prices in the region, UBS Warburg said in the report.

It predicted that the highest point for the local bourse this year is likely to hit 7500 points.

The securities giant recommended snapping up financial shares as this segment of the market is to benefit mostly from the Fed's rate cuts.

Other issues which should merit investment include companies engaging in telecommunications, energy, technology and industrial raw materials.



To: Ram Seetharaman who wrote (9081)1/8/2001 7:56:09 AM
From: DJBEINO  Respond to of 9582
 
TransCast is one of ALSC investments:

TransCast is privately held, and backed by investment from executives from Amazon.com, Excite@Home, Bear Stearns, Paramount Studios, Zeron Group, Spyglass Entertainment, and Alliance Ventures. Additional information can be found at transcast.com.

eConnect Signs Strategic Partnership With TransCast International, Inc. To Market the eCashPad With Interactive Television Configurations
biz.yahoo.com