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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Lucinos who wrote (61033)	5/13/1999 8:45:00 PM
From: tajen	Read Replies (1) \| Respond to of 61433

3Com possible takoever target - Business Week ps I will Get &^?^% out of ASND and/or LU if this happens. NEW YORK, May 13 (Reuters) - 3Com Corp. (COMS - news), whose stock price has lost almost half its value since just before Christmas, is again being viewed as a takeover target, Business Week reported in its May 24 issue. Business Week said Mike Murphy, editor of the California Technology Stock Letter, named Ericsson and Lucent Technologies Inc.(LU - news) as among those who might be interested in acquiring 3Com. ''We think 3Com will be taken over at 40 to 50 a share by yearend, or sooner,'' Murphy told the magazine. However, a 3Com spokeswoman told Business Week it was not the company's strategy to be acquired. 3Com stock has fallen from 51 on Dec. 23, 1998, to close at 26-9/16 on Thursday.