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3Com, Bay Area Timeline Thursday, July 24     Author
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CommWorks division sold for $100 million  3Com will maintain a license to intellectual property. CommWorks targeted telecommunications carriers $69 million loss in fiscal second quarter  Company continued to weather a steep slump in corporate spending. 3Com lost 19 cents per share Quarter loss, revenue misses expectations

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                    3Com

                        2006 (1)
                        2003 (7)
                        2002 (6)
                        2001 (11)
                        2000 (1)

                        3Com on Wikipedia
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                        Chart
Legend  
Woman Leaps Into Traffic, Hwy Closed  Pittsburg: All WB lanes are closed after a woman hopped out of her car, and ran into lanes of traffic where she was struck and killed 3Com signed deal with EDS  Electronic Data Systems will place 3Com gear with its major customers Loss Widens, Launch Postponed  A joint venture to make network equipment in China would launch 2 months later than planned 3Com to Cut 10% of Work Force  3Com will cut work force over the next 2 quarters to reduce costs amid weak demand for its products Shares Down on Current Quarter Outlook  Shares fell 11% after the network gear maker warned current quarter sales would suffer amid stiff competition Two children, ages 3 and 9, found killed 3Com moving to Massachusetts


year 2006 Top ^

Dec.27


year 2003 Top ^

Dec.1
Jun.25
Jun.12
May.30
May.5
  Company has stumbled in recent years. Most of it's enterprise networking business is based in Marlborough, Mass.
Mar.4


year 2002 Top ^

Dec.19
Sep.19
  3Com Corp. posted a fiscal first-quarter loss of $32 million. The company expects second-quarter revenues to decline
Fire engulfs huge construction site Jun.25 Fourth-quarter net loss  Network equipment maker beat Wall Street expectations even as sales continued to fall Mar.21 Loss narrowed  Network equipment maker couldn't guarantee meeting its target of profitability Jan.15 500 jobs to cut
  Network equipment maker will cut 8.5% of its work force to return to profitability


year 2001 Top ^

Dec.18 3Com beats expectations
  Network equipment maker's loss narrowed and businesses showed signs of improvement
Nov.28 Troubled 3Com won't renew name  Candlestick: 3Com intends to take its name off the former Candlestick Park when deal with 49ers expires at the end of the season iPod: New digital music player Sep.19 3Com below forecasts, cuts jobs  Net loss is $232.4 million, or 67 cents a share. Network gear maker is cutting 1,000 more jobs Jun.26 3Com loses $518 million
  Company failed to meet analysts' reduced expectations Jun.8 3Com scraps modem lines  Results for the quarter will be far short of Wall Street expectations May.7 3Com cuts 3,000 jobs
  Company plans to cut 30% of its work force, to help return to profitability
Mar.23 3Com announces more job cuts  3Com Corp. is cutting its work force by 170 people, or 1.5% Mar.21 3Com loss worse than expected  Company announced plans to cut costs by discontinuing its Internet appliance business Cisco cut 8,000 jobs Feb.28 3Com lowers revenue  Network equipment maker warned that 3rd-quarter revenue and earnings would fall far short of expectations

year 2000 Top ^

Nov.3 3Com settled shareholder suit
  It will pay $259 million to settle a lawsuit alleging that it concealed information about an acquisition

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