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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 (15439)	5/17/1998 9:52:00 AM
From: Moonray	Read Replies (1) \| Respond to of 22053

Newsflashes - May 15, 1998 Motorola sale fails, plant to close Citing a lack of cohesion on the part of the buyers, Motorola announced that the previously-announced sale of its Transmission Products Division to international investors Cpath, Inc. will not be completed. The Transmission Products Group manufacturers Motorola's line of consumer analog and ISDN modems. With no buyer, Motorola will close its Huntsville, Alabama manufacturing facility. The announcement states that the company will meet "existing commitments regarding warranties and customer programs." In announcing the sale agreement late last month, Motorola stated they would still provide technical support and V.90 upgrades for existing modems. (Thanks to Alex P. Madarsz for the scoop.) Biniti Harvey of CBS MarketWatch looks at rumors of a takeover at communications giant Motorola. Transend will release the 112K Gemini bonding modem in July, according to Doug Olenick of Computer Retail Week. Transend claims to use a slightly different approach to bonding that it believes will result in better performance, but ISPs must make software changes on their end to fully utilize the technology. Todd Wasserman of Computer Retail Week reports that 3Com has depleted most of the inventory of x2 products in the channel. In some cases, 3Com reclaimed x2 products from the channel and upgraded them to V.90. Andy Peters of the Atlanta Business Chronicle examines the financial woes of Georgia-based Hayes Corporation. 56k.com o~~~ O