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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF
COMS 0.00130-67.5%Nov 7 11:47 AM EST

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To: Glenn D. Rudolph who wrote (6304)10/8/1997 11:07:00 AM
From: Moonray   of 22053
 
NEWBRIDGE, 3COM EXPECTED TO ANNOUNCE NEW PRODUCT

TORONTO (Dow Jones)--The market is
expecting an important announcement from
Newbridge Networks Corp. (NN) and 3Com
Corp. (COMS) at about 11:00 a.m. EDT
(1500 GMT) Wednesday, sources who didn't
wish to be identified said.

Rumors have been circulating for weeks that
3Com will take an equity position in
Newbridge or that the two companies will
announce a joint distribution agreement, but
industry sources said the announcement will
involve the two companies introducing a new
product at the Interop conference in Atlanta.


The Internet related product is expected to
complement Newbridge's strength in the ATM
market servicing public telephone carriers and
3Com's strength in supplying ATM equipment
to enterprise networks.

The new product will service both markets, the
sources said.

o~~~ O
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