Analysts: 3Com can hold its own

Article Abstract:

3Com, a networking company, is poised to become a strong and independent company in the nearby future despite speculations that it is being targeted by chip giant, Intel, for acquisition. The company has faced a major blow from falling prices, the Asian economic crisis and problems in combining its newly acquired firm, modem maker US Robotics. Analysts and company executives, however, remain optimistic on the company's performance. They believe that 3Com should take advantage of the opportunities presented by the booming high-speed data service as well as the surging demand for combined data and voice transmission.

Comment:

Is poised to be strong and independent firm in nearby future despite acquisition rumors, analysts and company execs say

Strategy & planning, Computer Auxiliary Equip, Computer and Peripheral Equipment Manufacturing, Computer peripherals, Article

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3Com unit hopes to give company a lift

Article Abstract:

3Com Corp's Palm Computing division introduces the new Palm VII, personal organizer with a two-way radio system. The new data communication device can store addresses and phone numbers and provides the users with Internet access. 3Com's introduction of Palm VII, is expected to provide the company with new opportunities for market growth and attract consumers with its new line of hand-held computing devices. The company is also planning to licence the technology to other computer manufacturing companies.

Product introduction

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3Com sheds Palm to focus on its networking business

Article Abstract:

3Com Corp plans to spin off its Palm Computing unit into an independent, publicly-traded entity to allow the company to concentrate on its core business of producing devices that link computers to the Internet and corporate networks. The success of Palm Computing, which accounts for 10% of the firm's revenue, is viewed as a distraction from the its networking business during a period when rivals such as Lucent Technologies and Nortel are vying for similar customers.

Asset sales & divestitures, Palm Computing Inc.

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