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

To: Kenneth E. Phillipps who wrote (29258)	3/25/1999 7:02:00 PM
From: W.F.Rakecky	Respond to of 45548

Northern Telecom May Take Over European Network Supply Contract Toronto, March 25 (Bloomberg) -- Northern Telecom Ltd. has been asked by a leading European telecommunications company to supply networking equipment to it, replacing a rival U.S. manufacturer, a Northern Telecom spokesman said. ''It's a European company that's dissatisfied with its current network supplier,'' said Jeff Ferry, a spokesman for the No.2 phone-equipment maker in North America. Ferry wouldn't comment on the size of the contract or name the companies involved. Northern Telecom, which sells its products under the brand name Nortel Networks, would supply asynchronous transfer mode, or ATM, products and switch routers to the European company, Ferry said. Nortel's ATM products enable high-speed transmission of voice, data and video information over networks. Northern Telecom's major U.S. rivals in the networking sector are Cisco Systems Inc., 3Com Corp. and Lucent Technologies Inc. Northern Telecom rose C$1.50 (US$0.99), or 1.6 percent, to C$93 in Toronto. Earlier, it touched C$94.15. Newbridge Networks Corp., a Canadian maker of phone-network equipment, said earlier this month it won a contract from the international telecommunications joint venture Global One to supply ATM switches. 17:29:20 03/25/1999 For more stories from Bloomberg News, click here. (C) Copyright 1999 Bloomberg L.P. Any redistribution of Bloomberg content, including by framing or similar means, is expressly prohibited without the prior written consent of Bloomberg L.P. Any reference to the material must be properly attributed to Bloomberg News.

To: Kenneth E. Phillipps who wrote (29258)	3/26/1999 2:43:00 AM
From: Harold S. Kirby	Respond to of 45548

Kenneth: I doubt that 3com will go on the block...a much better approach would be to "terminate" mr. benahamou and all others who believe in his "vision" and "strategy"! I would expect to see Claflin to assume the CEO position but it would be better if they could find someone who has a much stronger "track record" than benahamou. benahamou lacks the necessary management skills...if he can not participate in the "greatest bull mkt"...what is it going to look like when times are much more tougher than this ? That is my primary concern...and I believe that is the core of the WSJ article! benahamou was skating on "thin ice" with his strategy & vision and he has fallen through the ice and WS hypothermia is setting in....his pointing the finger will no longer work...as he now has three fingers pointed at him ! If benahamou does not meet their milestones during the fourth qtr...his career will come to an abrupt halt ! He will be "history" and will make it into the Case Studies of every management class on "How To Destroy A Corporation"! regards, HK

To: Kenneth E. Phillipps who wrote (29258)	3/26/1999 7:30:00 AM
From: Al Cano	Read Replies (1) \| Respond to of 45548

COMS may not want to sell Palm Unit to Nokia w/9bil- Not looking out for shareholders value. Nonetheless, this Palm growth area would destroy a future revenue source even if it is a very small portion of 3COM's total revenue In my opinion, I believe COMS is not (again not) looking to find value to it's shareholders or ways to increase the stock price. With the 3COM stock price so low, COMS should be buying NOW. (A Negative sign)= If the company is not buying at these levels, then they expect the stock to go down further. In addition, if employees are not buying their own company's stock, then this is another negative sign (ie...... . the employees and officers do not have confidence in the company). NEW YORK, March 25 (Reuters) - Nokia Corp's chairman told Business Week the Finnish telecom equipment maker plans to buy some more Internet companies, the financial weekly reports in its April 5 edition. The magazine's closely-watched Inside Wall Street column quoted chairman Jorma Ollila as saying the company would use a lot of the $9 billion raised in a new stock issue for acquisitions. Ollila did not provide details but Business Week said analysts were speculating that companies he is eyeing could include Britain's Psion PLC (NYSE:POL - news), Qubit Technology and 3Com Corp's (Nasdaq:COMS - news) PalmPilot. 3Com was not immediately available for comment and Qubit could not immediately be reached. The magazine said Nokia in the past year and a half had snatched up four small companies that specialise in electronic commerce, Internet routers and other Internet-related businesses.