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

To: Alan C. Zezula who wrote (21565)	9/16/1998 11:19:00 PM
From: David Lawrence	Read Replies (3) \| Respond to of 45548

3Com's chart hasn't looked this bullish since April '97, when it began it's rally from the low $30's to the upper $50's. Also, as opposed to the last albeit short lived rally in June, there has been a large amount of sustained accumulation prior to the earnings announcement. I have a shitload of January call options that I've all but written off. I'm now thinking they have a chance of recovering.

To: Alan C. Zezula who wrote (21565)	9/17/1998 8:26:00 AM
From: FUZFO	Read Replies (1) \| Respond to of 45548

found this on yahoo coms thread: techweb.com ÿTechnology News Intel May Make Bid For 3Com (09/16/98; 12:01 p.m. ET) By Mark LaPedus, Electronic Buyers' News Amid losses in its LAN-equipment business, Intel is looking to expand that operation by reportedly holding talks to acquire a surprising and bitter rival, 3Com, according to analysts and other sources. Reports have circulated for weeks that Santa Clara, Calif.-based Intel (company profile) may be looking to buy all or pieces of 3Com, which itself ran into trouble after its massive -- and painful -- acquisition of U.S. Robotics last year. 3Com (company profile said it hopes to pick up the pieces from the fallout, while also looking for a partner to fund its massive debt, analysts said. Some analysts, however, do not believe an Intel-3Com merger is in the cards -- at least for now. "It doesn't make any sense," said Richard Faust, an analyst with Kaufman Bros. L.P., in New York. "I am not sure the FTC [Federal Trade Commission] would let it happen. There are some antitrust issues involved." Indeed, Intel and 3Com in total own about 73.9 percent of the world's LAN-card business as of the second quarter of 1998, according to In-Stat. Santa Clara, Calif.-based 3Com is the world's leading supplier of LAN cards, with 50.4 percent market share in the second quarter, while Intel was second, with 23.5 percent, In-Stat added. A smattering of other competitors from the United States and Taiwan own the remaining portions. Another problem is a culture clash. 3Com and Intel are bittercompetitors in network-interface card and other product markets, Faust said. "There's a lot of overlap in terms of product lines between the two companies," he added. Intel officials did not return phone calls, but 3Com declined to comment on the reports. "I can not speculate on rumors, but we are killing Intel in LAN cards, enterprise networking, and other markets," according to a 3Com spokesman. Indeed, unlike its processor business, Intel itself is not the biggest player in the networking-equipment space; only 5 percent to 10 percent of the company's overall sales are derived from this arena. Intel is, in fact, a major player in LAN cards, but the company lags behind the pack in terms of hubs and switches for workgroup-based small businesses, small offices/home offices, and related markets. Intel is not a factor in the enterprise-based, LAN-equipment market. Intel does not strike fear in the hearts of Bay Networks, Cisco, Lucent, or others. But it is a major player in the LAN-chip arena. The company cornered the LAN-chip market after acquiring Digital Equipment's semiconductor operations earlier this year. In addition to buying into the Alpha and StrongARM line of processors from Digital, Intel also gained control of the Maynard, Mass.-based company's LAN-chip products, an area that apparently went unnoticed by the FTC.