3Com Gears Up for Cisco Challenge
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Investors will be closely monitoring 3Com's(COMS Quote) fourth-quarter results Thursday for evidence that the firm is mounting a concerted challenge to networking giant Cisco(CSCO Quote).
The computer maker already sells its own networking products to small and medium businesses, as well as security offerings from its $430 million acquisition of Tipping Point.
However, with Cisco's recent decision to enter the server market, 3Com has been presented a gilt-edged opportunity to boost its networking business. The Marlborough, Mass.-based firm has already earned a reputation for aggressive pricing, and is clearly looking to sell more of its gear in Cisco's back yard. ...
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