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

To: The Phoenix who wrote (39639)	2/22/2000 1:20:00 AM
From: mr.mark	Read Replies (1) \| Respond to of 45548

got color? 3Com's Palm Introduces Its First Organizer With Color Screen By Scott Lanman 3Com's Palm Introduces Its First Organizer With Color Screen Santa Clara, California, Feb. 22 (Bloomberg) -- 3Com Corp.'s Palm Inc. unit, maker of the top-selling Palm electronic organizers, today will introduce its first model with a color screen, betting that customers will pay more for the option. The Palm IIIc costs $449 and runs on a rechargeable battery that lasts about 12 hours while the device is on. Palm also is unveiling a collapsible keyboard for $99 and new operating-system software for all of its products. More than 5.5 million Palm organizers with black-and-white screens have been sold since the PalmPilot's introduction in 1996. The addition to Palm's lineup comes a week before Palm is scheduled to sell shares to the public in an initial offering. Palm Product Manager Paul Osborne said the timing of the two events was a coincidence and the schedule for the IIIc's introduction was set ``way before' 3Com announced in September that it was spinning off Palm. The new model isn't the first stylus-based electronic organizer with a color screen. Casio Computer Co., Hewlett-Packard Co. and Compaq Computer Corp. make devices priced from about $400 to $600 based on Microsoft Corp.'s rival Windows CE software. Palm has a 68 percent share of the U.S. market and 47 percent worldwide, according to researcher International Data Corp. Palm models range from $149 to $449 for the Palm VII, which provides quick, wireless Internet access. The Palm IIIc includes improved to-do and appointment listings and security options. It works with devices such as a snap-on digital camera from Eastman Kodak Co. and software including a color World Wide Web browser from AvantGo Inc. The device's casing resembles a darker version of the boxy Palm III, rather than the sleek, silver Palm V. Shares of Santa Clara, California-based 3Com, the second- largest maker of computer-networking equipment, fell 2 5/16 to 69 11/16 on Friday. The shares have risen 48 percent this year on enthusiasm for Palm's IPO. U.S. markets were closed Monday for the Presidents' Day holiday. quote.bloomberg.com