Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 149.11

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To: blake_paterson who wrote (7378)	12/1/1998 3:38:00 PM
From: Greg Jung	Read Replies (1) of 10921

3com/ATT deal news is out today. Tuesday December 1, 12:05 pm Eastern Time AT&T in $80 mln pact with 3Com BASKING RIDGE, N.J., Dec 1 (Reuters) - AT&T Corp. said Tuesday it had signed a three-year, $80 million contract to upgrade 3Com Corp.'s voice, video and data networks. I think there's a typo in that one Whoops! they've done it again! AT&T, the No. 1 U.S. long distance telephone company, said the contract calls for it to convert 3Com's backbone telecommunications network to an asynchronous transfer mode, or ATM, backbone. The conversion will expand the network's bandwidth capacity, which will allow it to handle voice, video and data services on a single network. ''We will benefit from increased cost savings and the ability to provide numerous video applications to our sites around the globe,'' 3Com chief information officer Thomas Thomas said. 3Com, among the world's largest makers of computer networking products, said it expects the conversion will result in ''multimillion-dollar cost savings.''

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