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

To: Mang Cheng who wrote (37035)	12/14/1999 10:06:00 AM
From: Grislee bear	Read Replies (1) \| Respond to of 45548

I don't understand why anyone would sell for $50 or even $60 as we are going much higher!!! kick back and watch it fly :) Grizz

To: Mang Cheng who wrote (37035)	12/14/1999 11:40:00 AM
From: Joe S Pack	Respond to of 45548

Mang and the thread: Here is some details on MOT licensing PALM OS and the deal between ERICSON and MSFT is not that strong. -Nat biz.yahoo.com LONDON, Dec 14 (Reuters) - British palm top computer group Psion Plc said on Tuesday it noted Motorola's (NYSE:MOT - news) announcement of an agreement with hand held computer maker Palm Computing Inc, a unit of 3Com Corp (NasdaqNM:COMS - news), to license its Palm operating system. Psion also said it had made a joint announcement with telecommunications equipment maker Motorola reiterating their full commitment to the Symbian alliance and the use of Symbian technology in future products. Earlier Motorola announced it had signed a memorandum of understanding with Palm Computing to license the Palm operating system for use in Motorola products. Motorola also agreed to take a minority equity stake in Palm Computing. It did not say how big the stake would be or how much it would pay for it. ``We see a whole new category of wireless devices emerging that combine popular PDA (personal digital assistant) platforms with wireless communications,' said Motorola President of Communications Enterprise Merle Gilmore in a statement. ``By combining the widespread appeal of the Palm operating system with the exploding demand for wireless communications, we will be able to provide people with the personal networking capabilities they want and need.' Motorola said it remained committed to the Symbian alliance and was working with both Symbian and Palm to ``provide the leading platforms customers demand.' Psion's shares were up 4.0 percent or 99 pence at 2600 pence at 1600 GMT after the announcement. Psion's shares see-sawed last week after another member of the Symbian alliance, Ericsson , formed a partnership with rival operating system maker Microsoft (NasdaqNM:MSFT - news). Other members of the Symbian alliance include Nokia Oyj of Finland and Japan's Matsushita . Initial uncertainty last week focused on the potential threat to Symbian and its EPOC operating system for next generation mobile phones that rivals Microsoft's Windows CE. But Ericsson reassured the market it planned only to cooperate with Microsoft on access technologies to the Internet via mobile phones -- and that the deal did not include operating systems. Motorola's deal is to license Palm Computing's operating system, which powers its Palm Pilot and other products. 3Com announced on Tuesday it planned to spin off Palm Computing in an initial public offering.