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

To: craig crawford who wrote (12010)	12/9/1997 11:43:00 PM
From: jim bender	Respond to of 45548

ZDTV to get 10,000 "Netcams" from 3Com BURLINGAME, Calif., Dec 9 (Reuters) - The head of Ziff Davis Inc's ZDTV said the new 24-hour cable channel is set to launch its service at the end of the first quarter next year, with a Web site to go live before then. Larry Wangberg, president and chief executive of ZDTV said 3Com Corp. (Nasdaq:COMS - news) has agreed to supply 10,000 Netcam devices to the new cable channel, which will use the cameras to enable its regular guests, such as computer industry figures, to be interviewed from their own homes. ''They're providing 10,000 Netcams which we will then distribute,'' Wangberg said after a presentation to a Technologic Partners investment conference here. Details of the announcement will be released on Wednesday, as the cable industry gears up for its trade show in Anaheim, Calif. Wangberg said ''ZDTV Your Computer Channel'' aims to be a ''truly interactive'' experience, with cable programs and the Web site referencing each other. The new cable channel has already signed up major computer industry companies as sponsors, including Microsoft Corp. (Nasdaq:MSFT - news), Sun Microsystems Inc. (Nasdaq:SUNW - news), Charles Schwab (NYSE:SCH - news), and plans to produce a majority of the programming for the network itself. ''At Ziff Davis, we believe in technology and we believe in it passionately,'' Wangberg said in his presentation. ''Technology is what drives us.'' Wangberg said he expects to employ up to 250 people in the new computer television production company, which will inhabit new quarters in San Francisco. He said the company was pleased with its progress in signing up cable companies for the 24-hour channel, but would not provide further details. Ziff Davis, which is owned by Softbank of Japan, publishes computer industry periodicals and has a growing presence on the World Wide Web. Ziff Davis's television channel puts it in more direct competition with Cnet Inc. (Nasdaq:CNWK - news), a San Francisco-based company which produces television programming on the high tech industry and runs a network of Web sites which offer industry news, reviews and links to commerce sites.

To: craig crawford who wrote (12010)	12/9/1997 11:55:00 PM
From: ----------	Read Replies (1) \| Respond to of 45548

Putting target & bullseye on my butt.....but I've been shot before. I like 3 com. I use their components in our network server. I have a USRX/COMS modem, and wouldn't switch for anything. I also like money. Just becuase COMS pre-announced doesn't mean squat, IMO. I can recall a quarter ago when MSFT pre-announced. Bill Gates himself said the MSFT "whisper numbers" were ludicrous. SO what happened? MSFT annouces RIGHT ON what they said....the stock goes from $145'ish to $130 the same day. I knew what the number would be, anyone who could read knew what the number would be. But the Wall street guru's were "shocked". My own gut hunch, (which isn't worth much), says the Guru's will again be "shocked". Why? Because they cannot comprehend the word "honesty". COMS has been up front & honest. Analysts just do not seem to be able to deal with this. My cheap, modest bet is COMS drops on 12/19. (I lose a lot of bets). If it does, I'll use the money to buy stock before one of the Wall Street elite changes their opinion to "undervalued at current levels." Doug