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


To: Mang Cheng who wrote (12929)1/5/1998 11:36:00 PM
From: Zoltan!  Read Replies (1) | Respond to of 45548
 
January 5, 1998, 4:55 p.m. PT - HP slashes Ethernet hub prices:
news.com

update Hewlett-Packard (HWP) has fired the first
price-slashing salvo of the new year in the low-end
market for networking equipment, touching off
what could be another bruising round of discount
warfare, according to analysts.

The systems giant announced price cuts of up to 46
percent today on its line of Ethernet-based hubs, a
networking device that allows desktop users to
connect to a network and share bandwidth.

......

Moreover, the low end of the networking market is
heating up as challengers continue to try to pry
market share away from leader 3Com in several
segments. Processor giant Intel in particular has
been interested in this arena, and networking
kingpin Cisco Systems has made it known that it
will no longer take for granted the fast-growing
market for networking equipment within small
businesses. Smaller firms such as D-Link Systems
also continue to apply pricing pressure in certain
low-end markets.

......

Regards