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

To: W.F.Rakecky who wrote (29720)	4/15/1999 11:31:00 PM
From: Al Cano	Respond to of 45548

3COM increase cash position by $370mil and decrease inventories despite the shortfall in revenues. The increase cash position was the most recent quarter. quoted from email received by 3com Investor relations dept.. Also, "the high growth markets we are targeting include: handheld computing, cable and DSL modem access, home networking, LAN telephony, voice over IP and wireless networking. Within the overall networking industry, these markets are considered to be among the best prospects for high growth and high volume business for those companies that can leverage them. 3Com believes that our traditional strengths in technology, manufacturing, distribution and brand are strong assets that can be used to help us establish a leading position in these emerging markets as well. Over the coming weeks and months, 3Com will announce significant process along its strategy to demonstrate that we are executing as we have said we would. Today, 3Com announced the reorganization of our slow-growing analog modem and network interface card businesses, as we indicated we would do on March 23. The new organization combines marketing and development efforts that were previously separate, reduces headcount in that organization by 150 and redeploys personnel and other resources into the emerging opportunities mentioned above." Note: this information was provide by COMS investor relations department.