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

To: Bruce L who wrote (29885)	4/21/1999 11:31:00 PM
From: G.F.	Read Replies (1) \| Respond to of 45548

Regarding buyers - more than a few big blocks today.....GF

To: Bruce L who wrote (29885)	4/22/1999 10:26:00 AM
From: Moonray	Read Replies (1) \| Respond to of 45548

California Technology Analyst Tells StockHouse.com: Ericsson to Buy 3Com; Others Hint at Possible Takeover MIAMI, April 22 /PRNewswire/ -- California Technology Stock Letter analyst Michael Murphy confirmed in a StockHouse feature interview that his recent Buy recommendation on 3Com (Nasdaq: COMS) was based on his expectations that Ericsson would takeover 3Com by year-end. Murphy warned that a weak 3Com Q4, if the company did not meet their earnings expectations, would "absolutely" place 3Com into takeover play. Murphy believes that Ericsson met 3Com for buyout talks about "3 weeks ago." Murphy suggested other suitors might include Siemens, Alcatel, Nokia or Lucent. In a separate interview, Needham & Co. analyst Peter Lieu told StockHouse, in response to a possible takeover by Ericsson, Siemens, Alcatel, Nokia or Lucent, "...there's tremendous value. I tell people the analogy I draw is that if you have a pretty girl go to a dance and she's all alone and you try to make your bet on who's going to take her home, chances are there will be a lot of interest. But, you can't really pick, who she's going to go home with. I'm looking at a company with $6 billion of sales, and if you take the cash away from the market value -- it's selling at 1X sales? It's a bargain. It's an extraordinary bargain. This is not a crappy company. This is a company that earns gross margins of 47 percent." In a StockHouse Special Report, Lehman Brothers analyst Tim Luke told StockHouse, "They (Ericsson) are definitely looking at a larger acquisition in the equipment base and are specifically interested in 3Com's remote access business." The two StockHouse interviews and the StockHouse Special report may be viewed online after 10 a.m. (EDT) at www.stockhouse.com. StockHouse Media Corporation is an Internet financial media information service company providing breaking news about North American stocks via their Internet publication, StockHouse.com. With over 700,000 visitors per month, StockHouse has emerged as a leading, online, global financial content provider. A subsidiary, StockHouse Canada is the #1 Canadian financial web site, where an estimated 18% of Canadian online investors conduct investment research. StockHouse maintains offices in the United States of America, Canada, and Australia. /CONTACT: Hilary Chiba of StockHouse Media Corporation, 941-365-5719, or e-mail, hchiba@stockhouse.com/ o~~~ O