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Technology Stocks : Discuss Year 2000 Issues

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To: Bill Ounce who wrote (2888)12/2/1998 1:54:00 PM
From: jwk  Read Replies (2) of 9818
 
SANTA CLARA, Calif.--(BUSINESS WIRE)--Dec. 2, 1998--As the world prepares to enter 1999, 3Com Corporation (Nasdaq:COMS) today announced a program designed to help medium- and small-sized businesses around the world avert one of the largest potential threats to smooth entry into the year 2000, the Y2K bug.

3Com, a global networking leader in small and medium enterprises, rolls out a worldwide, five-pronged program that will help raise appreciation of the Y2K crisis and give practical advice on how companies can avert data disaster.

"Since all organizations are now inextricably linked through global data networks, our economic resistance to the millennium bug is only as strong as the weakest link in the supply chain," said 3Com Chairman and CEO Eric Benhamou in a keynote address in September 1998 to the Upside Summit '98 in Washington. "While Fortune 500 organizations and the government have devoted dollars and resources in pursuit of Y2K compliance, smaller enterprises often have no CIO to ask the right questions."

"More businesses trust 3Com with their networks. 3Com has earned this trust with reliable and easy-to-use products," said Edgar Masri, 3Com general manager, Small and Medium Enterprise Business Unit. "3Com has a covenant with its customers that extends from this century to the next. 3Com will take the lead in helping its customers inoculate themselves from the threat of the Y2K bug."

The so-called year 2000 problem arises because many older computer systems record dates using only the last two digits of the year. If left uncorrected, such systems could treat the year 2000 as the year 1900, generating errors or system crashes.

3Com is the CIO for its Small Business Customers -- Y2K and Other Programs Help with Real Business Issues "
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