3Com Corporation (COMS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-18.8%

Nov 7 11:47 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Steve Porter who wrote (18167)	6/25/1998 1:24:00 AM
From: joe	Read Replies (1) of 45548

Check this out from: news.com The numbers tell the story of 3Com's current plight. Revenue in the shared hub device and local area switch market dropped from the fourth calendar quarter of 1997 to the first quarter of 1998, according to market researcher the Dell'Oro Group. Meanwhile, revenue in the same market for Cisco grew from nearly $590 million to more than $740 million. Does it seem like the ANALysts got it wrong one more time -- way off They did get a few things right: However, chairman and chief executive officer Eric Benhamou said his firm is uniquely positioned--with unparalleled strength at the client "edge" of the network inward--to take advantage of current trends. "We focus on creating connections," he said. At the point where a network spews into the public carrier infrastructure, that is where 3Com stops competing and starts to partner, according to the chief executive. In the case of the Siemens deal, Benhamou said the two companies have already completed $250 million worth of mutual business, and he compared the nature of the partnership to the close ties enjoyed by Intel and Microsoft, often referred to as the "Wintel" duopoly.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next