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: W.F.Rakecky who wrote (29031)	3/17/1999 11:42:00 AM
From: Scrapps	Respond to of 45548

>>>He is a gem......but just too opinionated!<<< IYO? <ggg>

To: W.F.Rakecky who wrote (29031)	3/17/1999 1:03:00 PM
From: Moonray	Respond to of 45548

More: 3Com sees e-commerce 80 pct of business by yr-end SANTA CLARA, Calif., March 17 (Reuters) - 3Com Corp. <COMS.O>, the No. 2 ranked supplier of Internet equipment, said electronic business-to-business transactions via the Web should amount to 80 percent of total revenues by the end of 1999. Currently, Web-based transactions account for 30 percent of total revenues, or about $2 billion, 3Com said in a statement. The rapid growth in electronic business will come after the company completes a worldwide, real-time, Web-based corporate network. The new computer system will give 3Com's sales partners, customers, parts suppliers and employees instant, direct access to online information for conducting business with 3Com. The new system will provide up-to-the-minute information on product availability and delivery, order management, distribution, logistics and shipping schedules. 3Com said it expanded the management team for its e-Business operations to include Eric Sternberg, e-Business vice president, and John McClelland, as the senior vice president of supply chain operations. The business unit is headed by Tom Thomas, chief information officer and senior vice president of e-Business. The company said it plans to further develop its global e-Business systems by using state-of-the-art technology from partners like Sun Microsystems Inc. <SUNW.O>, closely held enCommerce, Tibco and Inso Corp. <INSO.O>. Tibco is a unit of Reuters Group Plc <RTR.L> One application, 3Com Knowledgebase, allows customers to input a question or problem, and receive accurate answers instantaneously, directly through the Web. The cost to handle this type of call has been reduced from a minimum of $10 when it was answered by a technician, to 50 cents, 3Com said. ((-- Eric Auchard, New York newsdesk, 212-859-1840)) REUTERS Rtr 11:36 03-17-99 o~~~ O