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

To: Zoltan! who wrote (27463)	2/3/1999 1:49:00 PM
From: vinod Khurana	Read Replies (2) \| Respond to of 45548

Spoke to several people at 3COM just minutes ago about their opinion on the stock drop....they told me only one thing...business is booming. Techdata revenues may slow down but that has nothing to do with 3COM products. Techdata is losing marketshare to its competitors. They also indicated that internal rumours among management staff have been circulating since last November that 3COM will be bought out by Sun Microsystems who is looking to compete in the home networking market as well as in the networking arena. Another suitor mentioned is Seimens AG. "...these rumours have been growing stronger since Bay and ASND have been taken out and there is very little doubt it will happen sooner than later...".

To: Zoltan! who wrote (27463)	2/3/1999 2:40:00 PM
From: Doughboy	Read Replies (2) \| Respond to of 45548

Jeez, Cisco sneezes, and 3Com gets a cold. IMHO, this is a gross overreaction by the market. Because of the convergence of 3 apparently coincidental pieces of news (CSCO is growing mkt share in small/medium businesses, CSCO is seeing aggressive pricing in LAN switching space by unnamed competitors, and Techdata is going to have an unexplained 10% earnings shortfall), we're supposed to ignore the fact that 3Com had an incredibly upbeat analysts conference just last week where they predicted increased gross margins going forward and accelerating top line growth. 3Com is at the beginning of a strong product cycle in an environment of unusually strong growth in the telecoms arena and the US economy in general. Don't bail just when we're hitting the sweet spot, baby! BTW Zolt! are you still leading the battle against WJC, or have you finally thrown in the cards? Doughboy.