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

To: jach who wrote (31474)	6/6/1999 9:16:00 AM
From: Andre Williamson	Read Replies (1) \| Respond to of 45548

I largely agree with your sentiments, jach, but when every other post rattles on without contributing anything new, it gets pretty old pretty quick. COMS is not a small cap stock and you're not going to convince any significant number of shares to flee a short position or take a long one with your twice a day "rah rah" posts. Could you limit them to say, once a week? Anyone new that checks the thread is then bound to see it, but the rest of us will have less stuff to weed through. Thanks, Andre

To: jach who wrote (31474)	6/6/1999 11:47:00 PM
From: Mang Cheng	Read Replies (2) \| Respond to of 45548

"3COM and Broadcom - Investment Ideas" By The-Adviser.com - Sunday, 6/6/99 New York - We believe that acquisitions and mergers, particularly in the technology sector will occur at an increasing pace over the next several weeks due to the proposed elimination of pooling transactions by the Financial Accounting Standard Boards (FASB). This week, we focus attention on 3COM and Broadcom. Broadcom - Being Shopped - The-Adviser.com is exclusively reporting that Broadcom Corp, an integrated circuits maker for broadband communications is being shopped by an elite Wall Street firm. Our sources indicate that a presentation detailing synergies and potential deal structures was presented to senior management of several companies including Intel and Texas Instruments. Broadcom currently trades at $110 as compared to $83 11/16 when originally recommended by The-Adviser.com on 4/18/99. With the proliferation of broadband networks and the convergence of the television set with the PC, our analysts believe that Broadcom is in the right market in the right time. They supply virtually every computer chip that goes in a cable modem or digital box. An acquisition by Texas Instrument or Intel would make business and financial sense. 3COM - Still on the market? - 3COM is a leading supplier of local area networks (LANs) and wide area networks (WANs) systems. It recently reorganized internal business units to target small and midsize businesses and individual consumers. 3COM took on the business reorganization because it found itself unable to compete with firms such as CISCO and LUCENT who are increasingly focusing on large businesses. On 4/18/99 - we reported that SIEMENS and ERICSSON were in the market to buy 3COM. Last week, SIEMENS officially announced they were no longer interested. We believe that INTEL, LUCENT and ERICSON are the only interested parties left. INTEL has recently announced new initiatives to move into the market for home wireless products. An acquisition by Intel would be a way to thwart anticipated revenue declines. Intel remains an interested party. The stock currently trades at $29. We believe target acquisition price would approximate $38 to $40. Our three year target on 3COM remains at $80. the-adviser.com Mang

To: jach who wrote (31474)	6/7/1999 4:49:00 AM
From: Joseph Pareti	Read Replies (1) \| Respond to of 45548

>Mkt value of 9B is >less than 2 times revenue, >which means > 3COM is one-of-a-kind >incredible bargain today for >networking sector stock. Agree and yet i am reluctant to average down the price of my "old" purchase. My main concerns are : (i) they are too much in the commodity side of the business - the implication is that raiders are wary of that. Who want to repeat the blunder of taking over us-robotics. This is also reflected in a lousy profit margin of 6%. Where is C$CO ? Or what is 3COM GPM ? on the other hand 25 times earnings for a mid-high tech company might be the fair price ... (ii) management. It's not the kind of folks that dazzles me (like Craig Barrett or Mory Ejabat) (iii) their strategy of conquering the network from the edge never came through. I believe this has been an old Benhamou's tenet. In contrast what folks want, at this level, is something simple to plug and simple to operate. C$CO has been making the big bucks all the way WITH THE CORE. Bay and A$ND have been bought up more because of the attractiveness of their technology than the price.