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

To: Bill Coenen who wrote (27986)	2/11/1999 12:12:00 AM
From: slurper	Respond to of 45548

Hooker Shmooker. The price is right and that makes everything look inviting.I think its a good buy at these levels

To: Bill Coenen who wrote (27986)	2/11/1999 12:58:00 AM
From: David Lawrence	Read Replies (3) \| Respond to of 45548

>>A buy back by a cash solvent 3COM right now would accomplish a number of things and be a smart financial move to boot. I think not. One of the things it would accomplish is to inhibit their ability to do pooling of interests acquisitions. They have a rather large hoard of cash, and they would probably like to buy their stock back at the current discount, but don't bet on it.

To: Bill Coenen who wrote (27986)	2/11/1999 4:23:00 AM
From: Tim McGee	Read Replies (1) \| Respond to of 45548

They are already doing this. 2 Qtrs ago COM$ announced a buyback for 10 Mil shares. In the first qtr of the buyback they only bought 1M shares. I don't remember how many they bought back last qtr. I'm sure their investment banker is getting busy in the market to finish this off. Tim A buy back by a cash solvent 3COM right now would accomplish a number of things and be a smart financial move to boot

To: Bill Coenen who wrote (27986)	2/11/1999 9:22:00 AM
From: STANLEY COHEN	Read Replies (2) \| Respond to of 45548

Response from INVESTOR RELATIONS which may be of interest: Dear Stockholder, There were a few news events out last week that caused speculation regarding 3Com's quarter. One of our channel distributors pre-announced their quarter, whether this was due in part or at all to 3Com was not determined nor disclosed by Tech Data. They did disclose that 10% of their business is 3Com products, the rest being PCs, software, and other computer and networking products. One of our competitors made claims of gaining market share in their business but did not mention if they gained on a particular competitor. However, it was speculated that it may be a gain on 3Com. Actual published market share will be reported next month by Dell'Oro Group. As you can see this is news which may or may not effect the company, but has effected the stock. As a matter of company policy we do not provide monthly updates on the quarter, nor do we comment on rumor or speculation. Let me remind you, Q3 is seasonally slower than the other 3 quarters and has historically come in flat to down. Management provided guidance for the quarter at the time of our Q2 quarterly announcement. These management comments can be viewed in full on our web site - www.3com.com/inside/investor. They are also attached to the Q2 press release. Sincerely, Investor Relations Maria Bunker/T/HQ/3Com 02/10/99 03:10 PM To: Tracy Urquhart/HQ/3Com@3Com cc: Subject: What is Wrong With this Stock?