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

To: joe who wrote (27992)2/11/1999 1:57:00 AM
From: hitesh puri  Read Replies (1) | Respond to of 45548
 
A couple of COMSters replied back to me expressing an interest to get together and share info about COMS. Any others ? I think it will be nice to get this frustration off your chest and share it with others.

-hitesh



To: joe who wrote (27992)2/11/1999 8:08:00 AM
From: David Lawrence  Respond to of 45548
 
I believe it's an FASB rule. While they can do modest buybacks to fund share needs for their stock option programs, or what they often term "general corporate purposes", a large repurchase of shares that just go back into treasury will prevent them from making a pooling transaction. They would never allow that to occur. Never.


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