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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

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Dec 18 4:00 PM EST

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To: Mehrdad Arya who wrote (41923)	3/16/2000 9:16:00 AM
From: David E. Taylor	Read Replies (1) of 45548

Mehrdad: For the record, here's the short piece from today's WSJ Online edition: March 16, 2000 Digits: Gambits & Gadgets In the World of Technology Headed For a Breakup? Just weeks after launching its Palm Inc. subsidiary into its own orbit, 3Com Corp. may be preparing to split itself again. The company plans major announcements at an analysts' conference in New York on Monday, and outsiders believe 3Com will shed its business-oriented computer-networking products, and perhaps some other units as well. It isn't clear whether 3Com plans to spin off these units into a separate entity, or to sell them. 3Com isn't commenting in advance of the announcement, but sales of its networking products have been declining, as 3Com loses market share to industry giant Cisco Systems Inc. The move would follow similar announcements by Cabletron Systems. Inc. and Lucent Technologies Inc., both of which plan to spin off divisions that make networking products for businesses. Cabletron's stock is up 36% since it announced plans to split itself into four parts last month. David T.

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