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


To: Moonray who wrote (31068)5/20/1999 2:05:00 PM
From: Dushyant Narayen  Read Replies (1) | Respond to of 45548
 
Are takeover speculations still alive ? I thought I saw a blurb
somewhere that said the company had denied discussions and that
it was not on sale - I would imagine that couldn't be true
because otherwise the price would be dropping big time -

Anyone have any update ?

Thanks



To: Moonray who wrote (31068)5/20/1999 6:43:00 PM
From: Harold S. Kirby  Read Replies (1) | Respond to of 45548
 
Moonray & Thread: Tremendous volumn in 3com today... strong movement upward occurred during last few hrs. Once thru the low 30's...I believe 37-38+/sh. prior to shareholder mtg. If it hits into 40's...Benhamou will survive the wrath of shareholders. Expect 3com to repurchase a substanial amt of shares this month or coming month prior to shareholders mtg. Cisco appears to be headed downward...considering shorting Cisco tommorrow early a.m. will decide when I do my "number crunching" tonight. Difficulty here is %downside vs %upside in 3com. Money is "inventory" and max turnover is the goal!

Good luck to all,
HKirby