I’ve updated some existing positions since I last added info to this blog, so here’s a recap:
JAVA:
Deal to be bought by Oracle instead of IBM. (Approved by shareholders on July 16, 2009). New offer price: $9.50/sh cash. Not sure on deal close date, so I will assume 12/31/2009. My entry was $8.20. I decide to [...]
Several articles recently have expounded on 3Com’s “China-centric” business model.
Quotes from some recent articles:
“3Com holds 35 percent of the market for networking products in China, about as much as Cisco Systems”
“”China actually has become our home market,” Mao said.” (Bob Mao is the CEO of 3Com).
“3Com made a net profit of US$92.7 million in [...]
Is 3Com going to spin off it’s cash cow again? (last time it was Palm). Research shows that recently hired TippingPoint (a 3Com company) President Alan Kessler was once hired as Palm’s president in 1999 by 3Com when it still owned Palm. Three months later, 3Com spun off Palm. Now he’s back at another 3Com [...]
Target: 3Com Corporation (COMS)
This beaten down networking-has-been has been made-over. While they still need a few more quarters of positive growth and cash flows to prove themselves, they are indeed a going concern again. It’s new CEO and China-centric business plan shows potential. At such low price levels, if 3Com shows some [...]
