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To: miklosh who wrote (27342)	2/2/1999 9:32:00 AM
From: Moonray	Respond to of 45548

3Com Names Robin Abrams as President, Palm Computing BW - 09:01 a.m. Feb 02, 1999 Eastern SANTA CLARA, Calif.--(BUSINESS WIRE)--Feb. 2, 1999--Global networking leader, 3Com Corporation (Nasdaq:COMS), today announced that Robin Abrams will join the company on Feb. 12, as president, Palm Computing and senior vice president, 3Com. Abrams, currently president and chief executive officer of VeriFone, a subsidiary of Hewlett-Packard, is chartered with extending Palm Computing's leadership in the worldwide handheld computing market. She will report directly to Bruce Claflin, 3Com president and chief operating officer. Robin Abrams has nearly 25 years of computing and computer services expertise coupled with strategic planning and management experience. Since joining VeriFone in March 1997, Robin extended the company's presence to seven million merchants while shepherding the company's worldwide transition from a hardware- to software-based enterprise. Today, VeriFone is a leading provider of end-to-end secured credit and debit solutions. Previously, Robin spent five years at Apple Computer in a variety of executive sales and marketing positions. Beginning her career at Apple as vice president of marketing, Apple Pacific, Robin and her team grew Apple's Japanese business dramatically, and extended Apple's presence into China and India. She was subsequently promoted to vice president, managing director Apple Asia where she significantly ramped sales, service and support in all countries in the region. She moved back to the U.S. and was promoted to president, Americas, responsible for more than $5 billion of business in the U.S., Canada and Latin America. "Robin's wealth of computing and management experience will enable Palm Computing to not only take its growth to the next level, but also further 3Com's vision of pervasive connectivity," said Bruce Claflin. "Palm Computing is a profitable, high-growth business that is clearly a key component of 3Com's overall strategy. Solutions based on Palm products and services will extend our range of connectivity offerings to a new class of customers worldwide." With its unrelenting focus on simplicity, speed and reliability, the Palm Computing platform experienced the most rapid adoption of any computing platform ever. Today Palm commands a leading share of the worldwide handheld computing market with Palm Computing devices connecting more than 2.5 million people to personal information and business applications throughout the world. "The past 18 months have been tremendously exciting for our Palm Computing team," said Janice Roberts, 3Com's senior vice president, business development. "We have leveraged a popular product to create an exciting, new handheld computer industry, and today are supporting more than 15,000 solutions partners and developers in an emerging Palm Computing Economy. Robin is a talented and charismatic leader who will enable the team to continue to extend Palm's reach and expand its leadership position." "Today, Palm Computing is nothing short of a phenomenon, and its potential is even more exciting," said Robin Abrams. "It is clearly the computing platform play for the next millennium, changing forever the way people and businesses think about connectivity. I am delighted to be joining 3Com at a time when the global opportunities and strategic possibilities for the Palm business are enormous." About 3Com Corporation With more than 200 million customers worldwide, 3Com Corporation connects more people to information in more ways than any other networking company. 3Com delivers innovative information access products and network system solutions to large, medium and small enterprises; carriers and network service providers; PC OEMs; and consumers. 3Com -- More connected.(TM) For further information, visit 3Com's World Wide Web site at www.3com.com or the press site at www.3com.com/pressbox. Copyright 1999, Business Wire o~~~ O

To: miklosh who wrote (27342)	2/2/1999 2:01:00 PM
From: Moonray	Read Replies (1) \| Respond to of 45548

Microsoft's Gates Says Europe Hasn't Closed Technology Gap Yet Paris, Feb. 2 (Bloomberg) -- Microsoft Corp. Chairman Bill Gates said Europe still has to work at closing its technology gap with the U.S., even though personal computers and the Internet have become more and more a part of daily life. ''People still need to have a scrappy attitude about pushing forward,'' the chairman of the world's No. 1 software maker said at the FIHT technology conference in Paris. ''I wouldn't say the gap is closed. This is no time to slack off.'' Lower personal computer prices and telephone deregulation have driven PC sales and Internet use in Europe. Still Europe lags the U.S., where soon half of all households will have PCs. At the end of last year, 23 percent of French households had computers, compared with 26 percent in the U.K. and 35 percent in Germany, according to market researcher Gfk France. While European governments have come a long way in making computer literacy and Internet awareness a key part of public policy and education, Gates said Europeans were still behind Americans, who almost take the Internet for granted because it's such an integral part of life. On the subject of Internet-related businesses, he said, ''Some of these companies won't make it.'' He declined to comment on market valuations of Internet companies. ''Who am I to say that share prices are going to go down when I didn't think they'd go up'' in the first place, he said, adding he much preferred talking about software. Eric Benhamou, chief executive of 3Com Corp., the No. 2 computer-networking company, told the conference he expected Internet stocks to merge with each other to be able to drive earnings growth and merit their market capitalization. Having a high valuation is a ''blessing and a curse,'' he said. ''We expect many of these companies to combine -- combine their brands, their reach, their databases -- so that a few will become winners.'' Other speakers at the conference included Michel Bon, chief executive of France Telecom SA, Guy de Panafieu, chief executive of Bull SA, and Eckhard Pfeiffer, chief executive of Compaq Computer Corp. o~~~ O