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


To: W.F.Rakecky who wrote (21342)9/10/1998 11:16:00 AM
From: joe  Read Replies (1) | Respond to of 45548
 


>>I feel COMS has too much going for
itself in house to be some other companies whore.<<

yeah<g>. Eric B. isn't putting in all that work to
give INTC the credit...unless there's absolutely no
choice and I don't see any reason for that.




To: W.F.Rakecky who wrote (21342)9/10/1998 11:22:00 AM
From: Peter Yang  Read Replies (1) | Respond to of 45548
 
Though I'm happy with COMS going up since I still got some calls. But I think it's dumb of those who bought around 28 today. It's up because of a rumor and in the current market condition, it'll fall back to low 20s quickly. If anyone really wants to gamble, then put the money into CIEN. The chance for CEIN to be bought out is much higher than COMS.



To: W.F.Rakecky who wrote (21342)9/10/1998 11:25:00 AM
From: joe  Respond to of 45548
 
here's the blurb in Herb Greenberg's column:

Intel/3Com rumors rage on: There has already been plenty
of speculation that Intel (INTC:Nasdaq) is sniffing around
3Com (COMS:Nasdaq) for the parts, the whole or something
totally unrelated. But in recent days I've heard from
several one-step-removed sources (full disclosure) that
Intel officials have been spending an inordinate amount of
time lately at 3Com.

Why, then, bring it up? For the same reason I brought up
the speculation a week ago that USWeb (USWB:Nasdaq) and
CKS (CKSG:Nasdaq) might be merging. (The next day they
announced they were.) There's simply enough info to
suggest Intel has been inside. Intel officials, citing
policy, declined comment. A 3Com spokeswoman also declined
to discuss takeover rumors, but said that both companies
work together on an "ongoing basis on a lot of
initiatives," including home networking and managed PCs.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Big deal. I wonder how many companies INTC has been inside?
Do each one get a merger rumor?

Is somebody buying and selling lots of shares? (pump and dump?)



To: W.F.Rakecky who wrote (21342)9/10/1998 11:39:00 AM
From: joe  Read Replies (1) | Respond to of 45548
 


to answer my own question about pump and dump...

It seems like there is heavy call option buying. I don't
think this would happen unless some buyers thought COMS
was really going up.

Just speculating on a profitable
relationship between INTC and COMS could be enough reason
to buy COMS at a cheap price and considering earning
report appears to be OK.