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

To: Racso who wrote (29235)	3/25/1999 9:24:00 AM
From: DRRISK	Read Replies (2) \| Respond to of 45548

RACSO, <<<<<<<<<<"While they concede frustration at the company's low stock price, 3Com executives say there is no reason to bust up the firm. They deny recent reports that they had discussed selling the access-equipment business, as do the two companies with which 3Com was reported to be talking. Mr. Benhamou says the access business has "natural synergies" with 3Com's corporate-networking equipment and Palm units. "I expect the business to enjoy very rapid growth for the rest of the year," he says.">>>>> His problem is that he can not admit that the only reason to have payed the premium for USR was because of the Pilot. If he could then he would sell the crap and low margin businesses and move on. Maybe the new Pres will convince him or better yet maybe the market will do it to him. He is deluded if he thinks the "natural Synergies" BS will fly the street already knows that it has not. DrRisk

To: Racso who wrote (29235)	3/25/1999 10:11:00 AM
From: Moonray	Respond to of 45548

More: 3Com Should Sell Divisions to Boost Profits, Analysts Tell WSJ Santa Clara, California, March 25 (Bloomberg) -- 3Com Corp., the No. 2 computer-networking company, should consider selling one or more of its divisions to improve profits, as the company lacks a coherent strategy, analysts including SG Cowen Securities Corp.'s Chris Stix and Montgomery Asset Management's Bob Rezaee told the Wall Street Journal. Analysts say the company is spread too thin and lacks focus, as its businesses sell to different customers through different channels with different partners. The company said it doesn't intend to sell any divisions, though President Bruce Claflin told the Journal that the company ''is not performing to our potential.'' The company's profit for the fiscal third quarter ended Feb. 26 rose more than 10-fold, in line with forecasts that were slashed this month when the company warned that sales were slowing. (WSJ 3/25 B6 wsj.com) o~~~ O