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

To: Doug who wrote (30866)	5/13/1999 12:04:00 PM
From: JakeStraw	Read Replies (1) \| Respond to of 45548

Gateway Chooses 3Com as a Networking Provider for Gateway's Your:)Ware for Business Program Networking Leader Offers Easy-to-Use Products to Gateway Small Business Customers SANTA CLARA, Calif.--(BUSINESS WIRE)--May 13, 1999-- 3Com Corporation (Nasdaq: COMS - news) today announced Gateway(TM) (NYSE: GTW - news) has selected it as a networking supplier for Gateway's new Your:)Ware(TM) for Business program. This announcement builds on 3Com's long-standing relationship with Gateway and will deliver complete, easy-to-use networking solutions to Gateway's small business customers. As a worldwide small businesses networking leader with solutions that make businesses more connected to each other and the Internet, 3Com's OfficeConnect® Dual Speed Hub 8 and OfficeConnect Dual Speed Hub 16 will be offered with Gateway's professional systems for small business. The products are immediately available directly through Gateway, Gateway Country® Business Solution Centers and company web site. 3Com and Gateway, together, are bringing powerful, easy-to-use and reliable small business networking solutions to one of the fastest growing segments in the market today. ''This alliance builds on the already powerful relationship between Gateway and 3Com. We're positioned to deliver leading-edge technology quickly and easily to small business customers who understand the importance of networking and benefits it provides,'' said Karen Oddey, Vice President of Marketing for 3Com. ''With this partnership, Gateway is able to offer its small business customers a single source to contact for purchasing both the computing and networking products they need.'' ''Gateway feels it is important for small business customers to have computing and networking solutions that are reliable, easy to use and readily available,'' said Mike Mata, Vice President of Marketing for Gateway Business. ''3Com's products provide leading edge technology solutions that are crucial to our small business clients.'' Gateway's Your:)Ware for Business Program expands on its commitment to deliver technology that meets small business needs and makes technology easy to use. The program allows businesses to purchase or lease computer and networking products with the opportunity to easily upgrade these products once a customer's business needs change and grow. Products are available for purchase directly through Gateway at 800/846-4208, Gateway Country locations and the company's web site at yourware.com. Gateway is offering 3Com's OfficeConnect Dual Speed Hub 8 to its customers for $279; the OfficeConnect Connect Dual Speed Hub 16 for $399. Recognized worldwide, 3Com's OfficeConnect networking products are designed to make users more connected to each other and the Internet. The family of products offer ease of use coupled with superior technology and functionality, enabling users to implement critical business applications like LAN-to-LAN file sharing, print sharing, Internet access and remote access. More information on OfficeConnect products can be found on 3Com's small business web site: 3com.com. Gateway is an established participant in the 3Com Connected(TM) program integrating 3Com's leading Internet and network connectivity products and related desktop and systems management capabilities into its desktop PCs, notebooks and server lines. With Gateway 3Com Connected systems, end-users have easy access to the Internet or network with reliable, industry-leading connections from 3Com. About 3Com Corporation With more than 200 million customers worldwide, 3Com Corporation connects more people in more ways to information than any other networking company. 3Com delivers innovative information access products and network system solutions to large, medium and small enterprises; carriers and network service providers; PC OEMs; and consumers. 3Com -- More connected(TM). For further information, visit 3Com's World Wide Web site at www.3com.com or the press site at www.3com.com/pressbox. About Gateway Gateway (NYSE: GTW - news), a Fortune 500 founded in 1985, provides complete computing solutions for clients worldwide. The company has manufacturing facilities in the United States, Ireland, Malaysia and employs more than 19,000 people worldwide. Gateway products and services consistently win top awards from leading industry publications. Revenue for 1998 was $7.5 billion. For further information, visit Gateway at www.gateway.com. 3Com and OfficeConnect are registered trademarks and More connected and 3Com Connected are trademarks of 3Com Corporation. Gateway and Your:)Ware are trademarks and Gateway Country is a registered trademark of Gateway 2000, Inc.. ------------------------------------------------------------------------ Contact: 3Com Public Relations Robyn Porter, 703/848-7850 robyn_porter@3com.com or Gateway Public Relations Beth Etler, 605/232-2637 etlerbet@gateway.com

To: Doug who wrote (30866)	5/13/1999 7:02:00 PM
From: Patriarch	Read Replies (1) \| Respond to of 45548

Doug, The term implosion relates to the vacuum of leadership COMS sustains at the moment. With a takeover, even with the premium that will come with it, COMS management is basically saying "We can't grow the business by ourselves", "We need a partner for us to go forward". If COMS were strong enough to go it alone, none of this would be under discussion. Being a late-comer to COMS and foreseeing a takeover, I welcome it as soon as possible. But it is a white-flag in terms of management. Regards, Pat