3Com (COMS) Sees Numerous Insider Purchases

March 31, 2008 4:57 PM EDT

3Com (Nasdaq: COMS) Director, Eric Albert Benhamou, bought 500,000 shares on 03/27 at $2.20-$2.30, bringing his stake to 1,208,146 shares.

In addition, VP Neal Goldman, bought 50,000 shares on 03/28. Director, Gary Dicamillo, bought 10,000 shares on 03/27. Director, Raj Reddy, bought 30,000 shares on 03/27. Director, James Long, bought 150,000 shares on 3/27.

Shares of COMS have been under pressure recently related to the termination of its merger agreement with Bain Capital. [LJ]


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