Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Chi-X who wrote (29959)	4/23/1999 2:07:00 PM
From: Michael Ohlendorf	Read Replies (5) \| Respond to of 45548

If a buyout will be announced on Monday or anytime soon I will eat my shoes !! Have you guys already looked at COMS market valuation ? It is huge (~9.5 Bn at the current price). Considering the company will certainly not put itself up for sale under $40 who would possibly have enough money to buy COMS out ? I do not see anybody here. It would have to be done with a huge stock swap. Now, who would be willing to do this "only" to acquire a struggeling network company. Certainly not INTC. They have their own networking business. And Lucent would also not be willing to pay so much. They have the same know how. I would wait a little more until COMS has sunken itself into the teens if I were interested to buy. Look at Siemens they were also not interested in a buy out, merely in a co-operation.