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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-18.8%Nov 7 11:47 AM EST

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To: joe who wrote (16224)5/27/1998 5:22:00 PM
From: Wigglesworth  Read Replies (2) of 45548
 
3Com Indonesian Inventory Problem Solved!!!

It's been two years since any good news re 3Com inventory was posted. Thanks to riots: no more 3Com NICs and modems in Indonesian channels.
Now all we need is a revolution in the US!

Excerpt from the WSJ:

Indonesia's High-Tech Sector in Ruins;
Riots Choke Drive Into Information Age
By WAYNE ARNOLD
Staff Reporter of THE WALL STREET JOURNAL

High-tech wholesaler Teddy Susanto can't tell the difference between his printers and his microprocessors anymore. That's because, along with his modems and networking cards, they're lying in a heap of cinders at his burnt-down warehouse in northern Jakarta.

When angry poor stormed through the city's Chinatown earlier this month setting fire to symbols of wealth, they laid waste to much of the city's high-tech market and set back the nation's drive into the information age.

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