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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: MrThesp who wrote (40838)	5/14/1999 3:20:00 PM
From: woody	Read Replies (3) \| Respond to of 90042

Well folks, COMS is pulling pack a little also. You can attribute that to me adding more at 28 3/4. Things always go down when I buy! I stil expect this thing to gain strenght into the close. Any opinions?

To: MrThesp who wrote (40838)	5/14/1999 3:23:00 PM
From: Glenn	Respond to of 90042

Insanity is setting in. Earthlink is definitely oversold. Smiles, Glenn

To: MrThesp who wrote (40838)	5/14/1999 3:25:00 PM
From: Muzzy	Respond to of 90042

Thanks, I sold seek about a month ago, at 79, After a long hold, and I was getting frustrated back then. Thanks to this website, my portfolio is smiling again. Thank you Tim.

To: MrThesp who wrote (40838)	5/14/1999 3:29:00 PM
From: Starduster	Read Replies (1) \| Respond to of 90042

More: 3Com Rises Amid Speculation It Will Be Acquired Bloomberg - 5/14, 13:54 Santa Clara, California, May 14 (Bloomberg) -- 3Com Corp. shares rose as much as 11 percent amid renewed speculation that the No. 2 maker of networking equipment will sell some of its businesses or be acquired by a large phone-equipment company. 3Com rose 2 to 28 9/16 in midafternoon trading of 16.5 million shares, making it the fourth-most active stock in U.S. markets. It climbed to 29 1/2 earlier, the highest since March 2. 3Com shares have fallen more than 35 percent this year, and the company has been unable to sustain the revenue and profit growth it had before it acquired US Robotics Corp. in 1997. Still, 3Com has been the subject of recent takeover speculation as phone-equipment makers snap up networking companies to expand their Internet and data products. ''There are certain pieces of 3Com's business that would be attractive to certain players,'' said Donaldson, Lufkin & Jenrette Securities Corp. analyst Stephen Koffler, who rates Santa Clara, California-based 3Com a ''buy.'' Business Week reported that 3Com is being touted as a takeover target by Mike Murphy of the California Technology Stock Letter, who said possible buyers could include Sweden's Ericsson AB and Lucent Technologies Inc., the No. 1 phone-equipment maker. 3Com shares rose 16 percent on April 23, also on takeover speculation. The company declined to comment on the speculation today. 3Com bought US Robotics in June 1997 for $9 billion. Even with today's rise, the shares are still trading about 25 percent below their price the day the purchase was unveiled. 3Com has been hurt by a slowdown in sales of its products for corporations and by rapidly falling prices for computer modems. The company also has trimmed prices on its PalmPilot line of hand-held computers, acquired with US Robotics. Last week, it cut the price of two older PalmPilot models by 17 percent and 25 percent. Internet Access While PalmPilot is 3Com's fastest-growing product line, the Total Control line of Internet-access products for telecommunications service providers is what's attractive to a phone-equipment maker, Koffler said. The Total Control line, which 3Com also gained when it bought US Robotics, makes up about 15 percent of 3Com's sales. ''I don't think the entire company will be taken over,'' said Warburg Dillon Read LLC analyst Scott Heritage. 3Com also could spin off or sell its PalmPilot or modem and networking-card businesses, Heritage said. The company gets almost half its sales, $1.41 billion in the fiscal third quarter ended in February, from modems and networking cards for computers. Chief Executive Eric Benhamou has said the company isn't for sale, though, and unveiled a minor reorganization last month. His plan is to target faster-growth markets. ''There aren't any easy answers,'' said Heritage. Heritage said Benhamou is concentrating on making high- capacity modems for cable television and enhanced phone lines.