Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Scrapps who wrote (14410)	4/1/1998 2:04:00 PM
From: Moonray	Respond to of 22053

MK Expands Services to Accommodate Growth at 3COM 12:53 p.m. Apr 01, 1998 Eastern BOISE, Idaho, April 1 /PRNewswire/ -- Morrison Knudsen Corporation (NYSE: MK) announced today that 3COM has expanded its Santa Clara Headquarters contract with MK's Engineering & Construction Group (E&C) for facilities management. The new combined three-year, $35-million agreement includes facilities-management services at 3COM's facilities in the Boston area and at the recently acquired Chicago and Salt Lake City locations. MK's responsibilities include operations and maintenance, engineering support, administrative services and subcontract management of custodial and grounds. The contract, which carries a one-year option, now extends MK's services to 3COM coast to coast. MK began providing facilities services at the Santa Clara site in 1993. "We are very pleased to receive 3COM's vote of confidence in MK's performance," said Thomas H. Zarges, E&C's president and chief executive officer. "E&C's Operations & Maintenance Division will continue to work in concert with 3COM to deliver efficiencies and consistency across 3COM's diverse portfolio of facilities nationwide." 3COM, a developer and manufacturer of computer networking products, is a world leader on MK's roster of high-tech clients. Morrison Knudsen Corporation has 8,500 employees at work in more than 3 5 countries serving the operations & maintenance, heavy civil, environmental, industrial, mining, power, process and transportation markets as an engineer and constructor. This news release contains "forward-looking statements" within the meaning of the private securities litigation reform act of 1995, which are identified by the use of forward-looking terminology such as "may," "will," "could," "should," "expect," "anticipate," "intend," "plan," "estimate," or "continue" or the negative thereof or other variations thereof. Such forward-looking statements are necessarily based on various assumptions and estimates and are inherently subject to various risks and uncertainties, including risks and uncertainties relating to the possible invalidity of the underlying assumptions and estimates and possible changes or developments in social, economic, business industry, market, legal, and regulatory circumstances and conditions and actions taken or omitted to be taken by third parties, including the corporation's customers, suppliers, business partners, and competitors and legislative, regulatory, judicial, and other governmental authorities and officials. SOURCE Morrison Knudsen Corporation o~~~ O