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

To: Shroder Wertheim (Hijacked) who wrote (28287)	2/25/1999 11:56:00 AM
From: Smart Investor	Respond to of 45548

Are all those news intended to buffer a pre-earning warning in the next two weeks? It is a dangerous time to get into COMS (in my opinion).

To: Shroder Wertheim (Hijacked) who wrote (28287)	2/25/1999 3:31:00 PM
From: Moonray	Respond to of 45548

3Com Completes Acquisition of ICS Networking BW - 02:36 p.m Feb 25, 1999 Eastern SANTA CLARA, Calif.--(BUSINESS WIRE)--Feb. 25, 1999--3Com Corporation announced it completed the acquisition of assets of ICS Networking, Inc., a wholly owned subsidiary of Valley Forge, Pa.-based Integrated Circuit Systems Inc. (Nasdaq:ICST). The cash acquisition is valued at approximately $16 million and will be accounted for as a purchase in 3Com's fiscal third quarter of 1999. The transaction was originally announced on January 20 and closed on February 18. This transaction provides 3Com with customer-owned tooling (COT) technology, along with intellectual property (IP) that 3Com can use to significantly reduce development time and lower production costs for 3Com's broad range of current high-volume products and for future products. In addition, it enables 3Com to leverage the trend toward siliconization and control more of its silicon designs. (For more information on siliconization or this acquisition, please see the initial ICS Networking press release at www.3com.com/pressbox.) 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 3com.com. Copyright 1999, Business Wire o~~~ O