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

To: hitesh puri who wrote (17785)	6/19/1998 6:33:00 AM
From: Glenn D. Rudolph	Respond to of 45548

Ericsson in merger talks with networking firms-WSJ Reuters Story - June 19, 1998 05:59 %DPR %BUS %US %ELC %CA %SE %MRG %NORD %TEL LMEb.ST NTL.TO BAY V%REUTER P%RTR NEW YORK, June 19 (Reuters) - Ericsson AB of Sweden is in acquisition talks with three U.S. telecommunications networking companies and looking at seven more, the electronic edition of the Wall Street Journal reported Friday. "We're in negotiations with three companies, each worth several hundred million dollars," Anders Igel, executive vice president at Ericsson in charge of its telecommunications business, told the Journal in an interview. Ericsson, a telecommunications equipment maker, is looking at 10 companies overall, but Igel told the Journal: "We don't know the results yet," adding that the deals may yet collapse. Rumours of an Ericsson acquisition surfaced earlier this week after its rival Northern Telecom Ltd agreed to buy Bay Networks Inc for $7.7 billion. Ericsson officials told the Journal that they are more likely to pursue less-expensive start-ups, rather than large equipment makers. "Recently, there have been big acquisitions in Silicon Valley that were overpriced," Sven-Christer Nilsson, Ericsson's chief executive officer, is quoted as saying in reference to the Nortel/Bay deal. "We have certain acquisition targets, but the price has to be right," he told the paper. "We don't exclude making a major acquisition. We have the checkbook to do it," Igel told the paper, referring to the $1.5 billion to $2.0 billion in cash that Ericsson is expected to have a the end of this year.

To: hitesh puri who wrote (17785)	6/19/1998 8:41:00 AM
From: Narotham Reddy	Respond to of 45548

Hitesh >> Media reports.. Hitesh: Are you implying that 3Com is going through the same patch what ASND was last year ? If so, turnaround MAY be imminent along with the takeover speculation. Remember, it was ASND's takeover speculation that drove it up initially. But, I believe Mr.Ashby is the catalyst. Narotham

To: hitesh puri who wrote (17785)	6/19/1998 8:26:00 PM
From: joe	Read Replies (1) \| Respond to of 45548

hitesh, good post! I enjoyed reading it. I agree with what you're saying. I just had a comment on your conclusion. >>They have no vested interest but you and I do.<< True, they're trying to keep us happy so we come back and read some more of their articles... >>So we have to rely on our own research and not ignore signs that are staring at our faces.<< I agree. A person has to rely on his own research no matter what...even if one thinks the analyst or journalist is trying to be honest. But, I think there are some good analyst and journalist from who we can all profit. But they're in the minority, it seems. Doing our own research takes a lot of time and effort. If we find somebody we can trust, it can make the job easier. This also applies to SI were people are trying to collect information from each other. After I become knowledgeable about some area, then I can better understand whether somebody is more interested in winning a popularity contest, or if their trying hard to find the truth....just as you were able to do with the Ascend reporter. Now that you possibly set him straight, he may try to do his research a little more honestly, and when he comes up with some good ideas, you might be more trusting and not have to double and triple check it yourself. So, I guess what I'm saying, is that there are some good honest journ. & anal., but we have to put in the work to find out where they are. Hopefully, with interactions like this on SI, it will be easier to locate these better sources of truthfullness. It'll save us a lot of time in the long run.