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To: wlheatmoon who wrote (151)	12/8/1999 12:40:00 PM
From: wlheatmoon	Respond to of 2850

COMS info that are important To: Captain Jack (36893 ) From: sunfish Tuesday, Dec 7 1999 5:28PM ET Reply # of 36912 CSCO CEO comments on COMS. nwfusion.com Does Cisco plan to come out with a competitor to the 3Com Palm? Actually, I like the 3Com Palm. So, no, I'd be surprised if we go after that market. In fact, you actually might find us working with 3Com if they spin this out as an independent organization with the Palm group. Because we want anything that promotes the network. So the more load that gets put on the network, the better, and I don't mind helping my competitors when they help do that in a way that I benefit from. 3Com to spin off palm business in February BEIJING, Dec 8 (Reuters) - U.S.-based networking equipment company 3Com Corp. will spin off its palm computing business in February next year, a senior official said on Wednesday. ''The IPO (initial public offering), the spinoff, is set to be in February and we just announced the recent appointment of its CEO,' Matthew Kapp, president of 3Com Asia Pacific, told reporters. ''This will allow 3Com to be a very focused networking company again,' Kapp said. 3Com Corp. announced on Thursday that former Sony Corp. electronics executive Carl Yankowski would head its Palm Computing division. Yankowski will take up his new post as chief executive and a director of 3Com's Palm Computing Inc. on Dec. 13. ''The spinoff enables the palm business to have a pure play position in the marketplace and it allows investors to invest in a company which is specifically in one sector,' Kapp said. 3Com Corp. reported revenues of $1.39 billion for its first quarter ended August 27, compared with last year's $1.41 billion. Revenue for its handheld computing business surged 50 percent to $174.2 million for the quarter.