COMS & the Ghost of USRX w/ other STUFF Message Board

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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF

COMS 0.00130

-18.8%

Nov 7 11:47 AM EST

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To: drmorgan who wrote (9281)	11/15/1997 12:15:00 AM
From: David Lawrence	Read Replies (1) of 22053

SANTA CLARA, Calif., Nov 14 (Reuters) - 3Com Corp. on Monday will unveil what it claims will be the fastest networking switch in the industry and a big boost in its rivalry with Cisco Systems Inc. 3Com said it will introduce the CoreBuilder 9000, a device that controls the flow of information among computers in a corporate setting. The new switch has up to four times the capacity of similar products from rivals, 3Com said. Analysts said the device would fill a big hole in 3Com's product line. 3Com specializes in low-end networking gear such as modems and adapter cards for PCs. The CoreBuilder 9000 would help 3Com encroach on Cisco's speciality in high-end switches and routers. "This is a very important product for 3Com," said Melinda LeBaron, networking analyst at market researcher Gartner Group Inc. "Cisco doesn't have a product for the enterprise to compete with this." LeBaron said 3Com could use this switch as a centerpiece to sell other types networking gear to big customers. A Cisco spokeswoman declined to comment. In the past week, 3Com's stock slipped amid concerns about its slowing modem sales and a dimmer outlook in Asia, where it gets about 15 percent of its revenue. 3Com announced the new switch after the market closed. Its shares closed down 6.3 cents at $30.313 on Nasdaq trading of 18.2 million shares, the second-most active stock in U.S. markets.

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