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

To: Moonray who wrote (27193)	1/22/1999 1:51:00 PM
From: Erin	Respond to of 45548

C\|Net News.com: Home networking: Here but yet so far news.com Excerpts: Consumers who own multiple PCs, surf the Web, and telecommute will help spur the growth of home networking this year, but widespread adoption may be years away, according to analysts and technology companies. [...] With Intel, 3Com and other companies rolling out their first-generation products this year, only the technology enthusiasts will want to network their homes, according to Boyd Peterson, an analyst with industry researcher the Yankee Group. [...] Sanjeev Verma, Motorola's director of marketing and business development, said the market is still too immature for mass adoption: Fast Internet access through cable and DSL won't be widely available until late 1999. "We're taking the first meaningful steps this year. It will explode next year," said Verma, who believes only 100,000 families will network their homes by the end of 1999. [...] John Todd, vice president of research at Wedbush Morgan Securities, said consumers will adopt the technology as long as home networking is affordable, easy to use, and the technology is standardized. Todd said market leaders will begin to emerge among the large companies (such as Microsoft, Compaq Computer, IBM, and HP), the networking companies (3Com, Intel, and Proxim), and startups (such as Tut Systems and Epigram).

To: Moonray who wrote (27193)	1/22/1999 1:56:00 PM
From: Wigglesworth	Read Replies (3) \| Respond to of 45548

Moon + Mang = No Newshounds sjmercury.com ON A COLD DAY IN . . . : A one-source item here Wednesday that 3Com Corp. (Nasdaq, COMS) has imposed a hiring freeze turned out to be based on a mostly bad tip. ''There's no across-the-board hiring freeze,'' says Christopher B. Paisley, the Santa Clara company's chief financial officer, who phoned from 3Com's analyst meeting in New York. But Chris, no one mentioned an across-the-board freeze. Is there one in any part of the business? ''I honestly don't know the answer to that,'' he says. ''It's possible that some business unit has done that. But I really don't have knowledge of that. Everybody is being careful on recruiting because over time we're trying to ensure that our expenses grow slower than our revenues.'' Paisley goes on to note that the winter and summer quarters traditionally are 3Com's weakest periods and so ''it's certainly possible that somebody in their business units has said, 'No hiring.' '' Janice M. Roberts, who heads 3Com's cable and home networking divisions in addition to the Palm Computing unit, says, ''We cannot recruit fast enough.'' And finally, 3Com's own Web site, updated Wednesday, lists numerous employment opportunities.