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May 29, 1997updated 05 Sep 2016 1:01pm

3COM AND US ROBOTICS SHARES SOAR AFTER ANALYSTS’ PREDICTIONS

By CBR Staff Writer

Shares in 3Com Corp and US Robotics Corp have soared this week following analysts’ predictions of a fast growth in networking companies. 3Com is expected to meet its year end fiscal results after PaineWebber Inc said pricing pressures had stabilized and it was optimistic 3Com could withstand competitive pressure.

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