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The $7/share private equity firm rumored buyout price reported by Dow Jones would represent a 58%+ premium over today's opening COMS share price of $4.42.

As Ernest Hemingway once wrote, "Wouldn't it be pretty to think so?"

I don't buy that - even $6/share would be a 35%+ premium. So took advantage of today's frenzy to unload my entire position in 3Com - a firm that's seen 3 different CEOs (so far) this year.

Time will tell if that was a wise or 'foolish' decision....

Best of luck to all,
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