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

To: Bruce L who wrote (26318)	12/22/1998 3:07:00 PM
From: Neil H	Respond to of 45548

The surprise is with HP Related Quotes COMS HWP 48 3/8 66 5/16 +1 1/4 +1/4 delayed 20 mins - disclaimer Tuesday December 22, 2:36 pm Eastern Time Company Press Release 3Com Becomes Global Network Interface and Modem Supplier to Hewlett-Packard HP and 3Com Deepen Collaboration SANTA CLARA, Calif.--(BUSINESS WIRE)--Dec. 22, 1998--3Com Corp. (Nasdaq:COMS - news) and Hewlett-Packard Co. [NYSE:HWP - news] have announced an agreement that will place 3Com network interface cards (NICs) and modem product across HP's entire line of personal computers. The agreement includes several new initiatives that will increase desktop/network management while lowering total cost of ownership for business, small office, workstation, consumer and mobile PC systems. ''HP and 3Com have been working closely over the last 18 months,'' said Duane E. Zitzner, HP vice president and general manager for the Personal Systems Group. ''Together we have made significant strides in delivering PCs with the highest quality, most reliable connections available today.'' The extensive HP and 3Com agreement and initiatives encompass: 1) Pre-installation of the best selling 3Com Fast EtherLink® 10/100 Mbps Desktop Ethernet PCI network interface cards (NIC) in HP's Vectra and Brio corporate PCs systems and HP's Kayak workstation. For the mobile user, co-labeling of HP and 3Com Megahertz® 10/100 Mbps Cardbus PC Cards with XJACK are offered with HPs Omnibook notebook PCs. 2) Availability of 3Com NICs and modems through a channel assembly program for HP's Netserver line of PC-based network servers and as preferred networking options for the Pavillion line of home computers offered through Circuit City. Additionally, a new channel assembly program has been established whereby HP/3Com-certified accessory products will be available through both companies' distribution channels. 3) Establishment of co-branding efforts for the small business market with the HP JetDirect OfficeConnect® Print Server which enables seamless network printing in virtually any small business environment. ''Our channel partners and end users have a strong preference for the combination of HP systems with 3Com network interface cards, modems and mobile products,'' said Tom Werner, vice president and general manager of 3Com's LAN Connectivity Divisions. ''Working together, HP and 3Com can certify the compatibility of 3Com network interface cards and modems in HP systems while making it easier for the channel to get these products sold, installed and on-line faster than ever before.'' HP also has joined the 3Com Connected™ program, an aggressive, multi-million dollar branding and channel development program that teams 3Com with leading PC manufacturers, national resellers and distributors from around the world. The 3Com Connected name represents an ingredient brand from 3Com signifying well-known, best-in-class network and personal connectivity products, pre-installed in popular PCs. Regards Neil