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

To: craig crawford who wrote (11043)	12/1/1997 10:18:00 PM
From: DRRISK	Respond to of 45548

Craig, **************************************************************** 3Comr Palmpilot Connected Organizer Receives Top Industry Awards At Comdex '97 Leading handheld computing platform gains momentum as a standard for handheld computing for consumers and mobile professionals Santa Clara, Calif., November 25, 1997 - 3Com Corporation (Nasdaq:COMS) today announced that its market-leading PalmPilot connected organizer received major industry recognition at this year's Comdex, the computer industry's largest U.S. exhibition. 3Com's Palm Computing division won awards from three leading trade publications that closely monitor the handheld computing market. PC/Computing Magazine awarded the PalmPilot Professional Edition connected organizer with its MVP award for the handheld computing category, PC Portables named the PalmPilot organizer the handheld computing product of the year, and Home Office Computing gave the product its annual Editors' Choice award. The awards coincide with other significant milestones for the PalmPilot product. Last week, research firm Dataquest (San Jose, Calif.) announced a study showing that the PalmPilot connected organizer currently holds 66% of the worldwide standard handheld computer market. In addition, 3Com recently shipped its one millionth unit after just eighteen months of shipping, breaking a computer industry record for the fastest time to one million units of any computer hardware product ever. As demand increases for cost-effective solutions for mobile enterprise data management, the product is quickly becoming the standard for handheld computing in many major corporations across the U.S. "With the PalmPilot connected organizer, 3Com has created a product with an ideal form-factor, unparalleled ease of use, affordable pricing and incredible functionality," said Rick Broida, editor-in-chief of Tap, a journal for users of the PalmPilot products. "Unsurprisingly, the PalmPilot platform has attracted _hundreds of third-party developers, who continue to move the device in exciting directions -- including such enterprise and vertical industries as health care, sales-force automation and banking and finance." There are over 3,500 registered developers of PalmPilot platform solutions, an important element of the product's success. Among the many third-party PalmPilot solutions showcased at the 3Com PalmPilot developer pavilion at Comdex were wireless modems, an integrated wireless paging device, Web browsers, custom forms creation tools, e-mail and PIM (Personal Information Management) connectivity software, server synchronization tools and a wide variety of applications for remote enterprise data management. "We are honored to receive such great recognition from our industry peers. This is a validation of the PalmPilot products not only as the leading solutions for handheld computing, but as a platform for creating mission-critical business applications," said Ed Colligan, vice president of marketing for the Palm Computing division of 3Com. "With the help of our fast-growing developer community and the strength of partners like IBM, Symbol Technologies and Franklin Covey, we will aggressively build on our current momentum to foster continued growth in a broad range of market sectors." In addition, the recently announced Pager Card for the PalmPilot organizer was nominated for PC Week's Best of Comdex award. The Pager Card, co-developed by Motorola FASD (Flex Architecture Solutions Division) and PageMart Wireless, adds wireless alpha and text messaging to the PalmPilot organizer while maintaining the same ultra-portable form factor. Available in the first quarter of 1998, the Pager Card will be branded by PageMart and co-marketed by PageMart and 3Com ******************************************************************* One millioneth at $369/pilot in 18 months and their sales are accelerating if you can add at 55,555units/month on the average this translates into allot of revenues and the margins are very high. So I wonder if you are missing something in your anaylsis. The sales into the holiday season of these pilots are likely to reach well over 100,000units/month.(questimate) But even if I am wrong these are a very hot item for 3COM. Anyway I hope you protect your position on this one and don't miss the irrational component of a turn in market sentiment. DrRisk wishing you reconsider