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

To: TechMeister who wrote (24458)	11/12/1998 6:32:00 PM
From: Tom Gebing	Read Replies (1) \| Respond to of 45548

3Com Takes Stake in Epigram, Developer of Network Technology Dow Jones Newswires 11/12/1998 3Com Corp. late Wednesday said it has taken a minority interest in Epigram Inc. and agreed to license Epigram's technology for creating home-computer networks using ordinary phone lines. Terms weren't disclosed. Closely held Epigram, based in Sunnyvale, Calif., has developed technology to move computer data, including computerized video streams, over phone lines at speeds as high as 10 megabits a second, or roughly 180 times faster than typical modems. 3Com said it plans to use Epigram's technology to make modems and other devices that would allow users to connect two or more computers, to share a printer or Internet connection, without stringing special cables. Epigram's president and chief executive, Jeff Thermond, worked at 3Com for eight years before joining the start-up in August 1997. 3Com said it expects products using Epigram's technology to cost less than $100 and to reach stores in the middle of next year. In addition to a host of computer-networking equipment businesses, 3Com last year acquired modem maker U.S. Robotics Corp. and also makes the popular PalmPilot line of hand-held computers. Currently, it licenses the Palm operating system to several other hardware makers including IBM.

To: TechMeister who wrote (24458)	11/12/1998 8:08:00 PM
From: Tim McGee	Read Replies (1) \| Respond to of 45548

IMO, today's move is about LU rumors There was an interview yesterday with LU (i think on Nightly Biz Report). It was clear that LU is looking at someone. The obvious targets are ASND and COM$. I think this is why both are up. If LU does buy one of them, then the other will fall pretty hard. These rumor sprints are exacerbated by shorts covering along the way. Same thing happened to PAIR a week ago went from 9 to 13 in one day. Now back to 9. I think this is what is keeping COM$ from hitting Wayne's downside target (although i don't believe it will go that low w/o major market movement downward). If LU buys ASND, we'll be in the low 30s or lower.