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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: hitesh puri who wrote (29296)3/27/1999 3:07:00 PM
From: jim bender  Read Replies (1) of 45548
 
Is 3Com down sizing?

Bruce has taken a control. He is going to merge money losing divisions. He is moving Key people around and even out of company.

R & D, Marketing expenses on slow growth & low margin products will be big time reduced and there will be layoffs at NIC, Modem, Router & Access product divisions.

More resources will be allocated to high margin & high growth products.
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