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

To: Moonray who wrote (27211)	1/24/1999 10:31:00 PM
From: vinod Khurana	Read Replies (2) \| Respond to of 45548

Positive article on 3COM mentioned in latest edition of Barron's. .Analyst has set a target price of $65 within next eleven months. . Sees inventory acquired from purchase of U.S Robotics as almost depleted and sales of palmtops exceeding wildest expectations. $65 represents almost a $20 gain from current levels or approx. 50%. 3COM in my opinion is one technology company that will not disappoint investors. I would not be surprised to see it merge with a larger company...such as Siemens which was mentioned in the Barron's article as one of #COMS strongest partners. Facts: Lucent bought Ascend Comm. for $20 billion Northern Telecom bought Bay Networks for $10 billion Ciscom is big enough (market cap exceed $100 billion) That leaves Newbridge Networks and 3COM as lone survivors. Possible suitors include: Siemens.