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3Com Added to Watch List

 Mar 21, 2008 04:54 PM UTC
Symbol Sentiment Start Return Closed
COMS Positive 03/21/08 +273.87% --

3/20 - "Bain Capital made it official and took the $2.2 billion buyout offer off the table, too bad now that 3Com is only worth $796 million. So is 3Com worthless for investors?...Despite the (negative) net income, another buyer may just put 3Com out of business, it's possible now that shares are under $2."

"The companies might (still) win approval for the deal if Bain sold 3Com's TippingPoint unit, which makes the firewalls the Pentagon uses to secure its networks...The Masters are adding 3Com to our watch list because should any good news come out COMS shares are going up 5% easy on a minute's notice."


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