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


To: Richard P. Roberts who wrote (30723)5/8/1999 5:06:00 PM
From: Herc  Respond to of 45548
 
This was COMS news on my MSN Investor:

May 8, 1999 05:04 AM
NEW ORLEANS--(BUSINESS WIRE)--May 8, 1999--Briar Patch Stock Market Letter added 3Com COMS to its portfolios.

Individual holders of 3Com can relax a little; the cavalry has established their positions and are about to mount a charge.

The Briar Patch thinks that at the $26 dollar range 3Com has a 15% downside risk and a 75% upside potential. Since 1995 the stock has been on a roller coaster ride. In the last two years there have been two trips from the mid-twenties to the fifty range.

To find out why the Briar Patch has committed 5% of its portfolios to 3Com go to www.briarstock.com, Take a free 30 trial and look at the May 7, 1999, update.

The Briar Patch Stock Market Letter, www.briarstock.com, is an independent source of specific and timely buy and sell ideas. The Briar Patch Short/Long portfolio was up 104% from July 1, 1998 to April 30, 1999.



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To: Richard P. Roberts who wrote (30723)5/8/1999 6:25:00 PM
From: Sawtooth  Respond to of 45548
 
<<OT , TIM no ZICA target (it's in my IRA),waiting to see what happens...and you ?>>

No target yet, either, Richard. Need to see how the licensing revenue stream develops from the Ericsson and PlanetWeb deals. Certainly worth more than a dollar, though <GGG>. ...Tim



To: Richard P. Roberts who wrote (30723)5/11/1999 9:30:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 45548
 
Tuesday May 11, 8:18 pm Eastern Time
Broadcom unveils new fast networking chip
By Scott Hillis

LOS ANGELES, May 11 (Reuters) - Communications chip maker Broadcom Corp. (BRCM - news) on Tuesday unveiled a new chip to enable faster delivery of video, voice and data without using expensive fiber optic cables.

The new chip, to be used in local network switches, moves data along traditional copper wires at speeds of one gigabit, or 1,000 megabits, per second, the Irvine, Calif.-based company said.

Such networks now are limited to speeds of 10 megabits to 100 megabits per second, and higher speeds have been attainable only by investing in fiber optics, which have been too pricey for most consumers.

''This is probably the most significant technology demonstration in the history of the company,'' Broadcom Chief Executive Officer Henry Nicholas said in an interview.

''Now your data network ... will allow you to deploy not only voice and data but maybe real time video. That opens up a whole new range of applications,'' Nicholas said.

Broadcom stock soared $8.69 to $92.69 in trading on the Nasdaq stock exchange on Tuesday. The company made the announcement in Las Vegas at an industry exhibition after the close of trading.

Nicholas said companies including Cisco Systems Inc.(CSCO - news), 3Com Corp. (COMS - news) and telecommunications firm Nortel Networks Corp. (NT.TO - news) already had created working products that will feature the chip when production starts in the third quarter.

The chip would be used in switches, adapter cards, uplink modules and motherboards found in servers and commercial desktop computers, Broadcom said.

''The market this chip is addressing is going to drive a large percent of the growth in networking over the next four to five years,'' said Greg Collins, a senior analyst at the Dell'Oro Group.

Collins said the market for gigabit ''ethernet'' -- the most common kind of local network -- would grow to $4.8 billion in 2002, from an estimated $1 billion this year and $270 billion last year.

''Copper products will comprise the vast majority of ports shipped,'' Collins said. ''They (Broadcom) already have a very strong position and that further cements their position in the market''.

Broadcom has moved aggressively to build a reputation as a leading player in the communications gear market.

Last month it said it planned to buy Epigram Inc., another network equipment maker, for $316 million in stock to boost offerings of high-speed communications to a broader range of home and small office consumers.