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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: Al Cano who wrote (31646)	6/18/1999 6:33:00 AM
From: W.F.Rakecky	Read Replies (1) \| Respond to of 45548

3Com to Form New Business for Wireless Internet Services Santa Clara, California, June 18 (Bloomberg) -- 3Com Corp., the No. 2 maker of networking equipment, said it will form a new company to supply wireless Internet service for cell phones, 3Com's PalmPilot and other hand-held devices. The new company, named OpenSky, will receive investments from 3Com, OpenSky's top management and closely held Aether Technologies International LLC, a maker of software used to run wireless data networks. Financial terms weren't disclosed. OpenSky President and Chief Executive Patrick McVeigh said the new company's service will be available in the U.S. by the fourth quarter for users of the PalmPilot and some cell phones. The service, which will let customers download e-mail and information from corporate databases over the World Wide Web, later will link to devices run by Microsoft Corp.'s Windows CE operating system. ''We want to speed the development of the market for wireless data services,'' said McVeigh, former vice president of worldwide sales for 3Com's Palm Computing division. OpenSky will be based in Palo Alto, California. 3Com will license its Palm operating system and provide technical support to OpenSky, part of plans to increase sales of its market-leading product. The new company will employ ''a handful of 3Com people,'' said Mike Dolbec, 3Com's vice president of business development. Shared Technology 3Com's so-called Web clipping technology, which speeds up the transmission of data from Internet sites by selecting only part of its content, will be integrated with Aether's AIM.net service. 3Com, based in Santa Clara, California, in November invested $6 million in Owings Mills, Maryland-based Aether, which runs wireless data services for Bear Stearns & Co., Discover Brokerage and other financial companies. The pricing of the OpenSky product hasn't been set yet. McVeigh said the company will likely offer ''unlimited access for a fixed price.'' The company will announce in the next two months which wireless telecommunication providers will carry the service on their networks, he said. Separately, Aether soon will unveil an agreement to run an internal wireless data service for Merrill Lynch & Co., Aether Chief Operating Officer George Davis said. Jun/18/1999 0:16 For more stories from Bloomberg News, click here. (C) Copyright 1999 Bloomberg L.P.

To: Al Cano who wrote (31646)	6/18/1999 6:45:00 AM
From: W.F.Rakecky	Read Replies (1) \| Respond to of 45548

Al and H.Kirby.......How do we take our country BACK!!

To: Al Cano who wrote (31646)	6/18/1999 5:33:00 PM
From: Harold S. Kirby	Read Replies (2) \| Respond to of 45548

Hello Al: Good to hear from you and the common experience we share. We are both very fortunate to be here today. Kosovo certainly opened the eyes of a lot of people...it is no longer going to be the quick and easy way, we are going to see some type of conflict that will require ground troops at the very onset and we have to adjust to the fact that we will have losses. This "Airwarfare" will not do get the results intended! Yes...I am an early riser...after the mkt closes I begin my homework. Take a 3-4hrs nap,eat dinner and begin my main research beginning around 2300hrs until 3a.m., take a couple hrs sleep and awake at open. Returned from HK and stopped off in Korea & Japan on return...Asia showing signs of recovery and I agree with your viewpoint relative to this mkt...within two years...we are going to see quite an improvement. 3com is well positioned in Asia to profit considerable when this mkt takes off! I am very upbeat concerning upcoming earnings announcement...volumn is certainly indicating good qtr. I believe that AT&T will make some sort of joint announcement with 3com rather shortly...things are heating up in the network acquisition area. Everyone will have the audited numbers come tuesday and it is at this time that I believe we will see a renewed interest in acquisition of 3com by one of the three companies I have posted.Benhamou is not the one to lead this organization forward...it will take a stronger mgmt team like AT&T or the others to capitalize on the technological assets of 3com! Let's hope I am correct and this occurs prior to year end! If this happens...then I am going to short Cisco "BIG TIME"...her evaluation will drop like a rollcoaster! Have an enjoyable weekend....Monday is going to be quite a day for 3Com. I am leaning towards Gore because of his support for technology...don't like "Read My Lips Jr."...and I am a Registered Republican! I would vote for Forbes before I would vote for the "kid"! Regards, HKirby