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To: NASDBULL who wrote (70673)4/22/1999 2:41:00 PM
From: American Spirit  Read Replies (1) | Respond to of 119973
 
How ABOUT COMS NOW?

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.