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

To: Mike Denman who wrote (21470)	9/14/1998 11:39:00 PM
From: joe	Respond to of 45548

>>If LU was going to purchase COMS why could they not announce anytime before October?<< Something to do with pooling of interest. When LU spun-off from AT&T, there was a rule that didn't allow LU to use it's own stock to buy another company until October. Of course, this doesn't really answer why they can't say, whenever they want, who they are going to buy in October. But I would guess that strategically, it would be better to keep it secret. Maybe others know more details than I do. joe