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

To: David Lawrence who wrote (14140)	3/24/1998 8:43:00 AM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 22053

Franklin Covey and 3Com Continue a Successful Relationship; Franklin Covey Announces Customized Version of Palm III, The Next Generation of Industry-Leading Handheld Computer Business Wire - March 24, 1998 08:26 %FRANKLIN-COVEY %3COM FC %UTAH %COMPUTERS %ELECTRONICS %COMED %PRODUCT %TELECOMMUNICATIONS V%BW P%BW SALT LAKE CITY--(BUSINESS WIRE)--March 24, 1998--Franklin Covey (NYSE:FC) today announces plans to release a Franklin Covey version of Palm III, the third generation of the Palm Computing hand held connected organizer. The Palm III bundle from Franklin Covey comes with the award-winning ASCEND(R) 97 PIM software, which runs on Palm Computing's newest operating system for seamlessly connected handheld devices, Palm OS 3.0. Palm III delivers the added functionality of infrared (IR) beaming capabilities, increased memory, improved user interface and sleek new industrial design in addition to the features which made the PalmPilot the industry-leader in handheld devices. The Palm III bundle from Franklin Covey will be available through the Franklin Covey retail stores and catalog channel in May 1998 for an estimated street price of $399. Taking advantage of the new IR capabilities, the Palm III bundle from Franklin Covey users can wirelessly exchange ASCEND 97 data with the touch of a button, enabling address, database, and appointment schedule sharing. 3Com's HotSync technology, an integral part of computing with ASCEND 97 and the Palm Computing hand held device, has been enhanced to allow users to remotely synchronize data, greatly increasing functionality for mobile users. ASCEND 97's prioritized daily task list will continue to work with the improved Palm III interface. With 2MB of RAM, Palm III has twice as much storage and is equipped with flash memory, eliminating the need to replace the memory card to upgrade the operating system. "Franklin Covey is excited to continue its successful partnership with a cutting-edge company like 3Com," says Todd Simons, director of marketing and sales of the technology division at Franklin Covey. "By incorporating ASCEND 97 with the Palm III, Franklin Covey's technology division is able to meet our goal of delivering the best solutions to meet our client's time-management and computing needs." "Franklin Covey has proven to be an ideal partner for us. Their expertise in time management and training adds great value to our products and extends the Palm Computing platform to a greater number of consumers and mobile professionals," said Donna Dubinsky, president of Palm Computing Inc., a 3Com company. "We're excited to move forward in our relationship to keep bringing together the best possible handheld solutions available." Palm III bundle from Franklin Covey will be available through the Franklin Covey retail stores and catalog channels in May 1998 for an estimated street price of $399. All registered users of the Franklin Covey Pilot 1000, 5000 and PalmPilot Personal and Professional Edition products can upgrade to the new Palm III organizer via the Palm 2MB Upgrade, expected to be available in June 1998. Franklin Covey's PalmPilot Personal and Professional Editions are immediately discounted to a retail price of $199 and $299 respectively. Franklin Covey is the world's leading productivity and time management training company with more than 15 million students and individuals using agendas, organizers, planners and training products printed in 28 languages throughout the world. Franklin Covey has more than 12 million books in print with more than 1.5 million being sold each year. Business Week magazine listed Franklin Covey's The Seven Habits of Highly Effective People as the No. 1 best selling trade business book for the year 1996. Franklin Covey has more than 7,000 licensed client facilitators teaching its curriculum within their organizations and trains in excess of 750,000 participants annually in training seminars teaching principles to help them become more effective. For more information on the Franklin Covey Technology division and its line of products, please see Franklin Covey's Web site at www.tech.franklincovey.com or 800/877-1814. For more press information, please contact Anne Watkins at 206/625! -0252 or anne@imagio.com. ASCEND is a U.S. registered trademark of Franklin Covey Co. All other trademarks or registered trademarks are the property of their respective holders. 3Com Corp. 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. 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. For further information, visit 3Com's World Wide Web site at 3com.com, or the press site at 3com.com. For details about the refund offer, please visit palm.3com.com on the World Wide Web. CONTACT: Imagio Public Relations Kristin Nerup, 206/625-0252 ext. 3016 kristin@imagio.com

To: David Lawrence who wrote (14140)	3/24/1998 9:04:00 AM
From: Moonray	Respond to of 22053

Cisco sees more purchases, revenue shift Tuesday March 24, 2:03 am Eastern Time SYDNEY, March 24 (Reuters) - Cisco Systems Inc said on Tuesday it expected to continue to grow by acquisition, while boosting the proportion of group revenue from video, voice and data network equipment services. ''I think there is a good chance that our service provider revenue, directly or indirectly...will if we are successful move from 30 percent to 50 percent of our revenue by 2001,'' Cisco president John Chambers told reporters after a business luncheon speech. Chambers, who is on a short visit to Australia to meet customers and see Australian prime minister John Howard on Wednesday, said the increase in revenue from voice, data and video network technologies would be helped by acquisitions. The expected change in Cisco's current revenue stream away from its traditional market in computer network equipment supplies into voice, video and data would mean competing more with telephone equipment supply groups, he said. ''If you look at who our likely competitors are going forward, in terms of the strongest players (they) are Lucent, Nortel, Ericsson, Siemens, Alcatel and NEC,'' said Chambers, who is also Cisco chief executive officer. ''We would like to partner with at least two or three of those if we can,'' he told reporters after giving a speech to the Trans-Tasman Business Circle. Cisco has formed a pact with Alcatel (CGEP.PA) of France last year. Lucent Technologies Inc (LU - news), Nortern Telecom Ltd (Nortel) (NTL.TO - news), Ericsson (LMEb.ST), Siemens AG (OTC BB:SMAWY - news; SIEG.F), NEC Corp (Nasdaq:NIPNY - news; 6701.T) and Alcatel are looking to boost sales in internet related technologies, which combine data, video and voice. Chambers said Cisco expected further consolidation in the industry, but saw existing players in the network equipment making sector such as Bay Networks (BAY - news), 3Com Corp (COMS - news) and Newbridge Networks Corp (NN - news) to remain the major competitors. Cisco, which has grown sales 10-fold over the past five years to about US$6.5 billion, largely through mergers, plans about 15 acquisitions this calendar year with an increasing amount in video, voice and data technology firms, Chambers said. ''Anywhere between a third to a half of our acquisitions will go in the area of voice, data and video integration because that market is going to consolidate,'' Chambers said. He said the future acquisitions would mainly be small non-public companies with a strong engineering focus. ''We also prefer companies that are small, rather than mergers amongst equals, We think merger amongst equals fail.'' The strategy has worked for Cisco with the 24 acquisitions the company has made over the past four years, he said. About 90 percent of the purchases had been successful with a merger staff attrition rate of six percent, although it was still to early to judge six mergers, he added. o~~~ O