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

To: Richard P. Roberts who wrote (30800)	5/11/1999 4:52:00 PM
From: Doug	Read Replies (1) \| Respond to of 45548

R.R: Directors have their Insurance and Companies too. COMS may have to accept a little. You may gain $5/100 after 18-72 mths. I got $15.0 or so /100 from BMY ( $90 stock) after 3 years. This was quite some time ago. See UNH for the up down cycle effects.!

To: Richard P. Roberts who wrote (30800)	5/11/1999 5:37:00 PM
From: Doughboy	Read Replies (2) \| Respond to of 45548

I hate the vultures as much as the next guy but you have to admit the circumstances outlined by the lawsuit are pretty much accurate. I am one of those suckers who defended COMS to the hilt and bought more as it fell from 52 to 40, after Eric B came out and affirmatively stated that he saw no reason to believe that there was any change in 3Com's business outlook. I would not have bought additional COMS shares if he had not made that stupid inaccurate statement. (I'll go back and check the timing to make sure my recollection is accurate, but that's how I remember it.) It's also true that insiders sold like crazy as 3Com topped out, and it is rather galling to me that Eric said recently in an interview or a conference call that it was obvious to everyone that 3Com was overvalued at that point. What kind of salt-in-the-wound kind of statement is that for a CEO to make about his own company after it loses more than 50% of its market cap? Makes you want to stick it to him. Unfortunately, these shareholder suits benefit nobody but the lawyers. Doughboy.