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

To: mr.mark who wrote (34926)	10/6/1999 10:38:00 PM
From: AugustWest	Read Replies (1) \| Respond to of 45548

so do you think today signified a temp top, or still plenty of upward potential?

To: mr.mark who wrote (34926)	10/6/1999 10:54:00 PM
From: Captain Jack	Respond to of 45548

(COMTEX) B: Brazil: 3Com launches cable modem B: Brazil: 3Com launches cable modem 3Com wants to anticipate the technical specifications of the Brazilian telecoms agency Anatel and launch in the market a cable modem forInternet access via cable television networks. The company says the device will be flexible to met any requirements to be made by Anatel, thus fitting with the systems being introduced by Globocabo (Virtua) and TVA (Ajato). 3Com already signed an agreement with TVA to supply the cable modem to the customers for Ajato, and is already negotiating to supply to Image TV, from Algar group, that is preparing its own Internet service. 3Com is keen to firm a position in the Brazilian Web market, expected to increase by 200% in 1999. The cable modem business in Latin America is so far limited in Argentina where it generates an income of US$14mil, and a figure to grow to US$50mil as it expands to Brazil in 1999, while the Latin American figure is to reach US$500mil within the next three years, with Brazil accounting for 30% of the regional income. 3Com is active in partnering with Internet access providers, and also with computer assembling companies. In Brazil 3Com should invest US$200,000 in advertising until end 1999, a figure to increase to US$1mil by year 2000. -0-