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

To: Harold S. Kirby who wrote (29100)	3/20/1999 10:49:00 AM
From: Mike Gordon	Respond to of 45548

Harold: Thanks for your response. Before writing to the board, I would like to offer the following plan to the key executives of 3Com. (1)As a condition of employment, I would require the following: The top 10 key executives must accept a loan of 10,000 shares of 3Com stock at current market prices. Sale of the borrowed stock can only be redeemed at time of termination of employment. The CEO would accept a loan of 20,000 shares with the same conditions. Losses and gains from these transactions would be the direct responsibility of each executive. (2)Board members would be paid in company stock using a sliding scale based on corporate performance. (3)All employees would be granted stock options with rights to purchase 3Com at $45. Redemption would be allowed after 2001. (4)All merit and year end awards would be paid in 3Com stock. In summary, all employees would have a vested interest in 3Com. Each job would be geared to future EPS. This proposal should be presented as part of a rebirth of 3Com. Stockholders would benefit from increased value of the company; customers would realize increased quality and efficiency, while employees would work in an environment that sanctioned teamwork, growth, and job enrichment at the direction of common goals.

To: Harold S. Kirby who wrote (29100)	3/20/1999 12:00:00 PM
From: richard w allgaier	Respond to of 45548

It's just like the Watergate and Clinton thing. The republicans are still pissed about Watergate, which is why they were so hot on Slick Willies tail over the last few months. I don't think Wall st. and the MM's have forgotten about the USRX/3Com merger that they were almost the last ones to know what was going down. Wall St., if I recall correctly, didn't find out about that one until just before everyone else did......but not by much......which thoroughly may have screwed up any of their chances to manipulate the stock.