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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: Scrapps who wrote (14031)	3/19/1998 9:44:00 PM
From: Moonray	Read Replies (3) \| Respond to of 22053

Well, since you asked: John McCartney Leaves 3Com Thursday March 19, 5:01 pm Eastern Time Company Press Release SANTA CLARA, Calif.--(BUSINESS WIRE)--March 19, 1998--3Com Corporation (NASDAQ:COMS - news) today announced that John McCartney, president of 3Com's Client Access Business Unit (CABU), has decided to leave the company for personal reasons, effective March 20. 3Com senior vice president, Doug Spreng, will replace McCartney as overall head of CABU. McCartney, formerly U.S. Robotics (USR) president and chief operating officer, joined 3Com when USR merged with 3Com in June 1997. As president of 3Com's Client Access Business Unit, McCartney had broad operational and strategic planning responsibilities for the company's modem and network interface card products (NICs) and new business initiatives. The company's client access products are sold primarily through PC OEMs and the industry's largest worldwide retail and distribution network into the company's four key market segments -- large enterprises, small and medium enterprises, carriers and network service providers, and consumers. During McCartney's tenure, 3Com maintained and extended its worldwide market leadership position in both NICs and modems. ''It has been very satisfying to build market leadership first at USR and now at 3Com, and to help bring two great companies together,'' said John McCartney. ''This is a good time for me to move on, spend more time with my family, and explore new opportunities that I hope will be equally fulfilling.'' ''John has been a driving force in integrating the two companies' systems, strategies, products and people,'' said Eric Benhamou, 3Com's chairman and chief executive officer. ''We appreciate his energy, enthusiasm and strategic guidance in helping to position 3Com for the next wave of networking and we wish him well.'' o~~~ O