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

To: John F. Dowd who wrote (22263)	9/25/1998 9:49:00 AM
From: Moonray	Read Replies (1) \| Respond to of 45548

More: Intel Cuts Prices Up to 49% on Some Network Products Santa Clara, California, Sept. 24 (Bloomberg) -- Intel Corp. cut prices on some of its computer-networking products for small businesses by as much as 49 percent, a move that will heat up competition with No. 2 network-equipment maker 3Com Corp. Intel, the No. 1 computer-chip maker, reduced prices on its InBusiness products as much as $300, pushing the price for an eight-port Switch Plus product to $399 from $699. The product is used to link personal computers in networks. A four-port hub was cut to $125 from $245. Intel has been pushing into the market for cheap networking gear, including network interface cards and other products and technology for small and home-office businesses. Such products are expected to be one of the fastest-growing parts of the networking market. 3Com is now the leading seller of gear for that market. The Santa Clara, California-based company has been hurt by fierce price-cutting by Intel, which is trying to boost its market share. o~~~ O