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


To: JHC44 who wrote (17789)6/19/1998 9:15:00 AM
From: Sawtooth  Read Replies (1) | Respond to of 45548
 
<Breifing & WSJ reporting Ericcson not interested in either ASND or COMS>

Well, kinda'. Here's the snip:

Traders speculating that Ericsson will strike soon to gobble up either Ascend or, get this, 3Com... We seriously doubt the latter, but no denying increase in option activity and the big jump in the stock's price (+2 5/8)... Given near similar market caps, would expect ERICY to opt for higher margin, better run Ascend over slumping 3Com...