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E*Trade: Potential Ameritrade Merger Makes Sense for Both Companies

 Nov 12, 2009 11:42 AM UTC
Return Risk
+6.53% HIGH
Tracked Blogger
Symbol Sentiment Start Return Closed
HPQ n/a
COMS n/a

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

Great news for 3Com (COMS) investors as yesterday Hewlett-Packard Co. (HPQ) agreed to acquire the networking-equipment maker in a deal worth $2.7 billion in cash, as the computer giant looks to boost its offering of servers, storage and networking services. According to HPQ, the deal values 3Com at $7.90 a share.

COMS made the fund I manage and me a 277% gain in 1 year. My average cost is $2.10 a share. My last COMS article was a year ago (3Com Back on Sale).


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