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


To: Glenn D. Rudolph who wrote (10535)11/19/1997 11:14:00 PM
From: James T.  Respond to of 45548
 
3Com and Telecom Equipment Successfully Complete Three Networking Projects for Singapore's
Government Ministries

BusinessWire, Wednesday, November 19, 1997 at 12:59

SINGAPORE--(BUSINESS WIRE)--Nov. 19, 1997--

Joint Projects Establish The Industry's Largest
Reported ATM/Fast Ethernet Network

Global networking leader 3Com Corporation (NASDAQ:COMS), and
Telecom Equipment Pte Ltd, a wholly owned subsidiary of Singapore
Telecom Group, have successfully installed three networks for the
government sector of Singapore. The networks for the Treasury, the
Ministry of Labour and the Registry of Companies & Businesses have
resulted in the largest reported integrated ATM (asynchronous transfer
mode) network with Fast Ethernet at the desktop.
3Com and one of Singapore's leading network systems integrators,
Telecom Equipment, have successfully implemented a highly reliable,
secure and technologically advanced campus backbone for the three
Ministries in Singapore. The network connects 50 servers to the ATM
backbone and 1,500 users to Fast Ethernet using 3Com's Fast Ethernet
network interface cards.
3Com and Telecom Equipment were jointly responsible for designing
the comprehensive network's architecture. Telecom Equipment provided
the network systems integration services. The networking solution will
boost efficiency and streamline operations for effective management of
the ministries.
"3Com is delighted to have been awarded the tender by the
Ministries and the National Computer Board for this important
project," said Marcel Jacobs, managing director for 3Com South Asia.
"In pursuing a best of breed standard-based networking environment,
3Com has built the world's largest campus network with Fast Ethernet
to the desktop and ATM in the backbone. The Ministries now have a very
robust network that moves large amounts of information without
creating bottlenecks. This network infrastructure is also built to
provide multimedia applications that integrate voice, video and data."
Lim Tow Seng, chief operating officer of Telecom Equipment added,
"The networks that we have implemented are based on a proven design to
meet the current and future requirements of the Ministries. Through
strategic partnerships with industry leaders such as 3Com, a superior
project team was assembled to ensure smooth implementation of the
proposed network solution. The result - a cost effective, reliable,
manageable and high-performance network that not only responds readily
to user demand, but is fully geared to meet the challenges of the next
millennium."
The following provides details each successful network:

The Treasury
Housing the largest government network in Singapore, the Treasury
has the world's largest integrated ATM/Fast Ethernet network --
specifically, Fast Ethernet to the desktop and ATM in the campus
backbone. Linking the Ministry of Finance, Ministry of Trade and
Industry, Ministry of Labour, and the Prime Minister's Office, Telecom
Equipment deployed ATM technology consisting of a network based on 29
3Com CoreBuilder(TM) 7000HD high-function switches and 29 3Com 76000TX
modules, interconnected by dual ATM links and supporting the 1,500
users.
The Treasury project is a showcase of successful integration and
interoperability of advanced networking technologies using the LAN
Emulation (LANE) Version 1.0 standard from the ATM Forum. Deploying
ATM, Fast Ethernet and Token Ring solutions, 3Com provided a switched,
scaleable, reliable, high performance, manageable and secure network
infrastructure. Due to the significant critical nature of
communication within the Treasury, Telecom Equipment's implementation
of a homogenous single platform allows efficient and competent
management of a scaleable, integrated network.

Ministry of Labour
With the key task of managing Singapore's labour market, the
Ministry of Labour required an efficient infrastructure to enhance the
means of communication to meet the needs of workers and employers
alike. The Ministry implemented two CoreBuilder 7000HD high-function
switches together with redundant links using LANE Version 1.0. Virtual
LANs allow the network manager to establish logical workgroups
regardless of their physical connections. These location-independent
broadcast domains are more flexible and allow for cost-effective
management. Comprised of 3Com's SuperStackr II FMS 100Mbps hubs and
SuperStack II 10Mbps switches, the architecture provides for link
redundancy that ensures high reliability in the network
infrastructure.

Registry of Companies & Businesses (RCB)
The Registry's mission is to provide a system for the
registration of business entities and for their compliance with
statutory disclosure requirements. Its primary objective is to offer
fast and efficient service to the companies and businesses as well as
members of the public who require speedy, pertinent information of the
registered parties.
Telecom Equipment upgraded the RCB architecture through a Fast
Ethernet network using the 3Com CoreBuilder 7000HD high-function
switch as the central switch. The network is also "ATM-ready" which
allows ATM components to be added on to existing equipment to meet
future needs of higher network bandwidth as RCB operations grow.
With 3Com's Transcendr Enterprise Manager for Windows, network
administrators will be able to use a user-friendly graphical interface
to manage 3Com and other SNMP-compliant devices within the network.
Throughout the upgrading project, Telecom Equipment took special
measures to minimize any disruption of services to RCB's operations.

Products Of The New Network Infrastructure
The CoreBuilder 7000HD high-function switch is an ATM switch that
provides Fast Ethernet, Ethernet and ATM connections within a
non-blocking switching architecture. By using a single system as an
edge, a core device and a server farm, the network architecture
provides better scalability, flexibility and high aggregate bandwidth.
The switch supports multiple ATM link redundancies and load balancing,
redundant switching engine, redundant power supply and has a passive
backplane and integrated LANE Ver.1.0 services. Therefore, high
reliability to the network is ensured.
Transcend ATM-VLAN allows the network manager to establish
logical workgroups independent of physical connections. Virtual LANs
are location-independent broadcast domains, which allow flexible and
cost-effective management.

About Telecom Equipment

Telecom Equipment Pte Ltd is a wholly-owned subsidiary of
Singapore Telecom Group. The company's principal focus is in the
supply of telecommunications equipment and offering total integrated
solutions. Besides owning the largest retail chain known as Teleshops,
Telecom Equipment also provides one-stop solution to customers from
consultancy, implementation to maintenance and support for its
business products. A wide range of products and services are available
at Telecom Equipment. These include mobile phones, pager, corded and
cordless telephones, caller-ID equipment, key telephone systems (KTS),
private automatic branch exchanges (PABXs), facsimile machines, video
conferencing systems (VCS), data communication solutions and networks,
radio systems, trunked repeater systems (TRS), structured cabling
system and premise distribution systems (PDS).

About 3Com Corporation

3Com Corporation enables individuals and organizations worldwide
to communicate and share information and resources at anytime from
anywhere. As one of the world's preeminent suppliers of data, voice
and video communications technology, 3Com has delivered networking
solutions to more than 100 million customers worldwide. With global
reach and local touch, the company provides enterprises, network
service providers and carriers, small businesses and consumers with
comprehensive, innovative information access products and system
solutions for building intelligent, reliable and high performance
local and wide area networks. 3Com has worldwide revenues of
approximately $6.0 billion and employs about 13,200 employees in 45
countries. For further information, visit 3Com's World Wide Web site
at 3com.com, or the press site at
3com.com

3Com, SuperStack and Transcend are registered trade marks and
CoreBuilder is a trademark of 3Com Corporation. All other trademarks
belong to their respective owners.

CONTACT: 3Com APR Public Relations
Minnie Lee
(852) 2501 1204
Minnie_Lee@3mail.3com.com
OR
3Com U.S. Public Relations
Anthony Petrucci
(978) 264-1886
Anthony_Petrucci@3Com.com
OR
Telecom Equipment Pte Ltd
Justus Teo
(65) 485 1797
Justus_Teo@tepl.com.sg
OR
Mileage Communications Pte Ltd
Patsy Phay/Eileen Chua
(65) 222 1678
mileage@singnet.com.sg

KEYWORD: NEW YORK
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS TELECOMMUNICATIONS
INTERACTIVE/MULTIMEDIA/INTERNET GOVERMENT

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com

Copyright 1997, Business Wire



To: Glenn D. Rudolph who wrote (10535)11/20/1997 1:08:00 AM
From: Glen McGlaughlin  Read Replies (1) | Respond to of 45548
 
GLENN,thks for getting some intelligent data in front of the naysayers out there. The reality is that even at $40 COMS is undervalued compared to industry p/e norms.I'm not an accountant but I do know enough about business that no company will take a writedown on excess inventory unless they believe that the product will not sell,even at a discounted price.In this case the product will all clear,albeit at a reduced price,hence the slightly lower future earnings estimates.This company will still produce a 30%+ earnings growth 99/98 which bodes well for substantial capital gain if your long at $33+.