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

To: fname who wrote (45017)12/11/2000 8:14:54 PM
From: max power  Read Replies (1) | Respond to of 45548
 
3Com forms development alliance with Broadcom
By Bloomberg News
December 11, 2000, 4:00 p.m. PT
update 3Com, a maker of equipment to link computers, gave Broadcom the right to purchase about 2 percent of its stock and formed a development alliance with the maker of communications chips.

Broadcom will pay $35 million for a warrant to acquire 7.1 million 3Com shares over two years, chief executive Henry Nicholas said in an interview.



To: fname who wrote (45017)12/12/2000 12:04:50 AM
From: Scrapps  Read Replies (1) | Respond to of 45548
 
Sorry if this has been covered, but I've not followed 3Com for some time now. Is there any stats on how well 3Com's Audrey product is selling and being received?


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