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To: Francois Amouzouvi who wrote (10818)4/15/1999 3:37:00 PM
From: Claude Robitaille  Respond to of 18016
 
3Com ready to rework business focus
By Wylie Wong and Dawn Kawamoto
Staff Writers, CNET News.com
April 15, 1999, 4:00 a.m. PT
3Com will soon inject a booster shot into its business in hopes of breaking out of its financial malaise.

The struggling networking firm will announce specific plans to shift resources away from the slow-growing analog modem business to emerging and potentially more lucrative markets, such as digital subscriber line (DSL) and cable modems, home networking, and wireless access products, according to a source within 3Com.

The announcement--expected later this week--will expand upon 3Com's new strategy announced last month following a disappointing fiscal quarter.

3Com executives at the time said they planned to move away from the company's classical strengths in networking cards and analog modems, to focus efforts on nascent but fast-growing markets, including Internet telephony and the company's successful PalmPilot line of handheld devices.

"This week we're talking about how we are re-balancing our investments in the client-access business, away from desktop analog modems, and moving research and development to accelerating broadband access, home networking and wireless," said the 3Com source. "We will give more specifics on what that means to our investors and how that translates to growth in the company."



To: Francois Amouzouvi who wrote (10818)4/15/1999 3:37:00 PM
From: Don Johnstone  Respond to of 18016
 
Up C$5.70 TSE. Somebody knows something!!? 3:35PM EST

Cheers,

Don



To: Francois Amouzouvi who wrote (10818)4/15/1999 3:38:00 PM
From: Peppe  Respond to of 18016
 
Yeah, sorry about that ..