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3Com, Bay Area Timeline Sunday, June 17 Bookmark and Share     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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2009 (1) 2006 (1) 2003 (6) 2002 (5) 2001 (8) 2000 (1)
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Chart Time by Topic
UPS (10)   HP High Tech Business (67)   Santa Clara High Tech Business (81)   Silicon Valley High Tech Business (144)   Revenue (112)
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 3Com moving to Massachusetts
HP to buy 3Com for $2.7B; ups guidance


year 2009 Top ^

Nov.11
  Hewlett-Packard is buying the networking company. HP raised its 2010 guidance and reported preliminary quarterly earnings that topped forecasts


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
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 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

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


Earnings Main Event: HP to buy 3Com for $2.7...
3Com, Bay Area on Google Map

2009-11-11 HP to buy 3Com for $2.7B; ups guidance HP
C. 2003-12-01 3Com signed deal with EDS 3Com
3. 2003-06-25 Loss Widens, Launch Postponed 3Com
E. 2003-06-12 3Com to Cut 10% of Work Force 3Com
5. 2003-05-30 Shares Down on Current Quarter Outlook 3Com
G. 2003-05-05 3Com moving to Massachusetts 3Com
H. 2003-03-04 CommWorks division sold for $100 million 3Com
8. 2002-12-19 $69 million loss in fiscal second quarter 3Com



     * Time by Topic
3Com, 21st Century, Time by Topic
Time Earnings High Tech Business Job Cut
November 2009
11/11 HP to buy 3Com for $2.7B; ups guidance
11/11 HP to buy 3Com for $2.7B; ups guidance
Job Cut
November 2009 November 2009
Job Cut
December 2006
Earnings
December 2006 December 2006
Earnings
High Tech Business
December 2006 December 2006
High Tech Business
Job Cut
December 2006 December 2006
Job Cut
2003
06/25 Loss Widens, Launch Postponed
05/30 Shares Down on Current Quarter Outlook
12/01 3Com signed deal with EDS
05/05 3Com moving to Massachusetts
03/04 CommWorks division sold for $100 million
06/12 3Com to Cut 10% of Work Force
2002
12/19 $69 million loss in fiscal second quarter
09/19 Quarter loss, revenue misses expectations
06/25 Fourth-quarter net loss
High Tech Business
2002 2002
High Tech Business
01/15 500 jobs to cut
2001
12/18 3Com beats expectations
09/19 3Com below forecasts, cuts jobs
06/26 3Com loses $518 million
06/08 3Com scraps modem lines
03/21 3Com loss worse than expected
06/08 3Com scraps modem lines
09/19 3Com below forecasts, cuts jobs
05/07 3Com cuts 3,000 jobs
03/23 3Com announces more job cuts
02/26 3Com Cutting Hundreds of Jobs
01/15 Layoffs at 3Com
2000
12/21 3Com beats reduced expectations
12/04 3Com: earnings lower than expected
10/08 Fan Communications System
10/04 3Com to poll world
06/27 3Com quarter loss
Job Cut
2000 2000
Job Cut

     *
Time by Topic


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