TRADE AMERITRADE HOLDING CORP (AMTD) 18.66 -$0.12 (-0.64%) 10:55PM (15 mins delay)

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

Nov 12, 2009 - 6:42 AM EST

Jeremy Richards submits:

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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Source: Seeking Alpha (Nov 12, 2009 - 6:42 AM EST)