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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

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Nov 7 11:47 AM EST

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To: KyrosL who wrote (34841)	10/6/1999 8:48:00 AM
From: KyrosL	of 45548

STOCKWATCH/ Psion shares soar on 3Com licencee talk [If true, this could be a nice pre-emptive move against future Psion competion in the US, and a way to gain entry into world markets for Palm hardware/portal. Kyros] LONDON, AFX via NewsEdge Corporation : Shares in Psion PLC were sharply higher by midday on speculation that its Symbian venture is set to announce a major new licencee for its core EPOC operating system, dealers said. That new licencee is thought to be 3Com Corp -- manufacturer of the Palm Pilot machines, they said. Symbian was set up by Psion last year to develop the operating system for next generation mobile phones and handheld devices. It is 28.1 pct held by Psion, with Ericsson, Nokia and Motorola each holding 21 pct and with Matsushita having an 8.8 pct stake. At 12:10 PM, shares in the handheld computer manufacturer were up 145 pence, or 14.36 pct, at 1,155 pence -- the highest climber in the FTSE 250 index. Psion was not immediately available for comment.

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