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

To: Steve Porter who wrote (16207)	5/27/1998 3:08:00 PM
From: Mang Cheng	Read Replies (1) \| Respond to of 45548

Wow ! Does anybody notice coms is heading UP !!! "Retail Multiservice WAN Consortium Sees Network Convergence as Delivering New Cost-effective Solutions for Retailers" SANTA CLARA, Calif.--(BUSINESS WIRE)--May 27, 1998--Recent advances in wide area network (WAN) technology are enabling retailers to deploy emerging applications that will provide a new source of competitive advantage, according to a consortium of retailers that met recently to review networking technology standards and carrier provisioned WAN services. Using new multiservice WAN solutions, retailers are able to converge voice, video and data traffic on a single network infrastructure, resulting in expanded data bandwidth capable of supporting new applications as well as dramatically improving telecommunications cost efficiency. ''Major retailers collectively spend billions of dollars each year on telecommunications, making this their number one information technology expense after salaries,'' said Jeff Siegel, 3Com (NASDAQ: COMS - news) group manager for retail, distribution and lodging. ''As such, retailers are looking for new, innovative solutions to support the growing network traffic brought on by emerging Java, browser, multimedia, and video-based store applications.'' The Retail Multiservice WAN Consortium recently held its first meeting at The Home Depot's corporate headquarters in Atlanta to define evolving WAN requirements and to discuss new solutions and standards most applicable to the highly decentralized retail environment. During the two day session, the Consortium, which includes The Home Depot, Marriott International, Kinko's, Service Merchandise, Hannaford Bros., and CompUSA, together with 3Com Corporation,, began work on defining a set of specifications for the provisioning and implementation of converged WANs for large-scale retail enterprise infrastructures. The draft specifications describe the standards, services, and equipment requirements for carriers and WAN switch vendors to adhere to, both in the carriers' network and in-store. These include standards for voice compression, equipment interoperability, and policy management. biz.yahoo.com Mang