3Com Corp Earnings Conference Call (Q3 2008)
Scheduled to start Mon, Mar 24, 2008, 5:00 pm Eastern
Sollte der anvisierte Buyout erfolgen sind im Moment für die Aktionäre durch das unterbreitete Angebot von 2,2Milliarden Dollar und einer aktuellen Marktkapitalisierung von 800Mio. Dollar die Chancen deutlich grösser als die Risiken.
Es wird im Moment über sehr viel spekuliert, von Datenspionage durch die Chinesen (Übernahme) bis zu allem möglichen Finanzspritzen durch das U.S Miltär.
Es wird aber deutlich dass im Moment ein ziemlich grosses Interesse an 3com besteht und wo Interesse, da Käufer und wo Käufer da gute Chancen auf Kurssteigerung.
Im Moment erfolgt(e) das grosse Drücken um zu sehen wie weit gehts runter und wann erfolgen die Buyorders.
Unabhängige Analysten von *************.com sehen kurzfristig Erholungspotenzial von 20-30% und im besten Fall mittelfristig wenn alle Probleme aus der Welt sind deutlich über 50-100%.
Daher Kurs beobachten und versuchen am Tief (witzig) zu kaufen um den Run nicht zu verpassen.
Kein Push, kein Bash, nur der Hinweis auf eine weitere Chance an der Börse.
Auch hier würde mir ein Gapclose an die 2,80-2,90$ ausreichen!
AP
3Com Shareholders OK Defunct $2.2B Deal
Friday March 21, 5:11 pm ET
By Donna Borak, AP Business Writer
3Com Shareholders Approve Defunct $2.2B Bain Buyout, Clearing Way for Breakup-Fee Dispute
WASHINGTON (AP) -- In approving a defunct $2.2 billion buyout by Bain Capital Partners LLC and its Chinese partner, 3Com shareholders cleared the way for a legal battle over a $66 million breakup fee.
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In a Friday filing with the U.S. Securities and Exchange Commission, 3Com said nearly 70 percent of its shareholders were in favor of the acquisition by the Boston-based private-equity firm and Huawei Technologies Co.
On Thursday, Bain said it was ending its efforts to complete the acquisition, citing impeding national security concerns by the U.S. government.
"We don't believe the deal is terminated," said John Vincenzo, a 3Com spokesman. "We are going to continue to operate as the agreement stands."
3Com, which is based in Marlborough, Mass., is disputing Bain's reasons for pulling out of the deal. It has also said it will pursue the $66 million breakup fee.
Bain said it offered 3Com several proposals, including revising financial terms and restructuring the deal to satisfy national security concerns, but failed to reach an agreement with 3Com. Bain said it had also been notified that the Committee on Foreign Investment in the United States intended to block the deal.
Last month, Bain offered several concessions to CFIUS to win approval of the deal, including the divestment of 3Com's Tipping Point subsidiary, which makes network-security software. CFIUS is a 12-agency group with the authority to recommend the White House block or alter terms of deals that involve national security.
However, 3Com later withdrew its voluntary CFIUS application, after it was unable to gain approval by the committee.
While 3Com acknowledges it was presented with alternatives to salvage the buyout, such fixes were not in the best interest of the company or its shareholders.
"The company that Bain was attracted to still exists," said Vincenzo. "This is not a company that feels it has to sell itself."
A representative from Bain declined to comment.
Since the deal was announced in September, the proposed acquisition immediately set off alarms in Washington. Lawmakers and Bush administration officials have expressed concerns that sensitive military technology could be transferred to China through the 16.5 percent 3Com stake that would be held by Huawei, which has strong ties to the Chinese' military.
Scheduled to start Mon, Mar 24, 2008, 5:00 pm Eastern
Sollte der anvisierte Buyout erfolgen sind im Moment für die Aktionäre durch das unterbreitete Angebot von 2,2Milliarden Dollar und einer aktuellen Marktkapitalisierung von 800Mio. Dollar die Chancen deutlich grösser als die Risiken.
Es wird im Moment über sehr viel spekuliert, von Datenspionage durch die Chinesen (Übernahme) bis zu allem möglichen Finanzspritzen durch das U.S Miltär.
Es wird aber deutlich dass im Moment ein ziemlich grosses Interesse an 3com besteht und wo Interesse, da Käufer und wo Käufer da gute Chancen auf Kurssteigerung.
Im Moment erfolgt(e) das grosse Drücken um zu sehen wie weit gehts runter und wann erfolgen die Buyorders.
Unabhängige Analysten von *************.com sehen kurzfristig Erholungspotenzial von 20-30% und im besten Fall mittelfristig wenn alle Probleme aus der Welt sind deutlich über 50-100%.
Daher Kurs beobachten und versuchen am Tief (witzig) zu kaufen um den Run nicht zu verpassen.
Kein Push, kein Bash, nur der Hinweis auf eine weitere Chance an der Börse.
Auch hier würde mir ein Gapclose an die 2,80-2,90$ ausreichen!
AP
3Com Shareholders OK Defunct $2.2B Deal
Friday March 21, 5:11 pm ET
By Donna Borak, AP Business Writer
3Com Shareholders Approve Defunct $2.2B Bain Buyout, Clearing Way for Breakup-Fee Dispute
WASHINGTON (AP) -- In approving a defunct $2.2 billion buyout by Bain Capital Partners LLC and its Chinese partner, 3Com shareholders cleared the way for a legal battle over a $66 million breakup fee.
ADVERTISEMENT
In a Friday filing with the U.S. Securities and Exchange Commission, 3Com said nearly 70 percent of its shareholders were in favor of the acquisition by the Boston-based private-equity firm and Huawei Technologies Co.
On Thursday, Bain said it was ending its efforts to complete the acquisition, citing impeding national security concerns by the U.S. government.
"We don't believe the deal is terminated," said John Vincenzo, a 3Com spokesman. "We are going to continue to operate as the agreement stands."
3Com, which is based in Marlborough, Mass., is disputing Bain's reasons for pulling out of the deal. It has also said it will pursue the $66 million breakup fee.
Bain said it offered 3Com several proposals, including revising financial terms and restructuring the deal to satisfy national security concerns, but failed to reach an agreement with 3Com. Bain said it had also been notified that the Committee on Foreign Investment in the United States intended to block the deal.
Last month, Bain offered several concessions to CFIUS to win approval of the deal, including the divestment of 3Com's Tipping Point subsidiary, which makes network-security software. CFIUS is a 12-agency group with the authority to recommend the White House block or alter terms of deals that involve national security.
However, 3Com later withdrew its voluntary CFIUS application, after it was unable to gain approval by the committee.
While 3Com acknowledges it was presented with alternatives to salvage the buyout, such fixes were not in the best interest of the company or its shareholders.
"The company that Bain was attracted to still exists," said Vincenzo. "This is not a company that feels it has to sell itself."
A representative from Bain declined to comment.
Since the deal was announced in September, the proposed acquisition immediately set off alarms in Washington. Lawmakers and Bush administration officials have expressed concerns that sensitive military technology could be transferred to China through the 16.5 percent 3Com stake that would be held by Huawei, which has strong ties to the Chinese' military.