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

To: Box-By-The-Riviera™ who wrote (20534)	8/13/1998 11:31:00 AM
From: joe	Read Replies (1) \| Respond to of 45548

>>...any price offered with a large enough premium would cause a shareholder revolt IMO if 3coms mgt team tried a poison pill<< that's a matter of opinion, nobody knows for sure. My opinion is that most people in COMS are not momentum players. They've bought with a long term (at least 1 more year) plan. And they'd expect a pretty good premium...not the kind that Bay got. Now if COMS tanks it's next earnings report (it won't), or looks like it's not getting anywhere's then lots of people would start considering a buyout. And now the stock is looking like it's getting on its feet pretty well, so why would a shareholder give up all this waiting for a measly premium? >>poison pill is meaningless if 3coms board did decide to accept a buyout<< I suspect some of the board are shareholders. They know what potential COMS has and won't sell out cheap. joe