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Technology Stocks : Network Appliance

NTAP 117.51

+1.3%

1:13 PM EST

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To: Ron Kline who wrote (405)	11/2/1998 8:34:00 AM
From: riposte	Read Replies (2) of 10934

3Com Pushing into Storage-Area Networking From today's TheStreet.com: By Kevin Petrie Staff Reporter 11/2/98 7:51 AM ET 3Com (COMS:Nasdaq) is expected to announce today an ambitious thrust into a new segment of the computer-networking business. [TEXT DELETED] 3Com estimates the storage-area networking market will grow from roughly $250 million today to $1.5 billion by 2002. 3Com ordinarily competes with mighty Cisco (CSCO:Nasdaq) and other builders of network transport devices. In this new storage field, 3Com likely will compete with Network Appliance (NTAP:Nasdaq) and Sun Microsystems (SUNW:Nasdaq), among others. [REMAINING TEXT DELETED] FULL TEXT @: thestreet.com

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