Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: David Lawrence who wrote (28315)	3/1/1999 2:04:00 PM
From: Moonray	Read Replies (1) \| Respond to of 45548

ARM gets role in 3Com network interface cards EETimes - March 01, 1999 Cambridge, England - Microprocessor core developer ARM Ltd. has entered into a strategic alliance with networking giant 3Com Corp. (Santa Clara, Calif.) that will see the ARM9 32-bit RISC processor core providing the smarts in a future range of intelligent network interface cards from 3Com. While 3Com is commenting on the alliance only so far as it applies to the networking segment, ARM is optimistic it will lead to a broader adoption of its processor cores by 3Com. That company's range of products extends from switches and routers at the high end to the leading personal digital assistant, the PalmPilot, at the low end. techweb.com o~~~ O

To: David Lawrence who wrote (28315)	3/2/1999 3:49:00 PM
From: Moonray	Respond to of 45548

3Com Shares Fall Amid Concern About 3rd-Qtr Revenue, Profit Bloomberg - March 2, 1999 03:33 PM ET Santa Clara, California, March 2 (Bloomberg) -- 3Com Corp. shares fell as much as 18 percent amid concern that the No. 2 networking company's fiscal third-quarter profit may lag forecasts on price cuts and competition from Cisco Systems Inc. 3Com fell 3 11/16 to 27 in trading of 27.9 million shares, making it the third-most active stock in U.S. markets. Earlier, the shares touched 25 3/16. The stock has lost 51 percent of its value since trading as high as 51 1/8 on Dec. 23. 3Com may be losing business to larger rival Cisco, and price cuts on 3Com's modems and computer connector cards are hurting revenue growth, analysts said. The company last month cut the price of its popular PalmPilot, its fastest-growing product line. Modems, connector cards and PalmPilots together contribute more than half the company's sales. ''3Com faces a lot of challenges right now,'' said Craig Johnson, principal of the market research firm Pita Group in Portland, Oregon. Prompted by concern over 3Com's revenue growth, at least five analysts last month cut their quarterly earnings estimates for the company by at least 2 cents a share to 34 cents, according to First Call Corp. Santa Clara, California-based 3Com is expected to earn 36 cents a share in the quarter ended Sunday, the average estimate of analysts polled by First Call. o~~~ O