3Com has hit some rough water. Weak sales and stronger competition from the likes of Cisco Systems has forced the networking firm to lower its earnings' estimates for the third quarter. Far from abandoning ship, however, the firm is sinking more dollars into its successful PalmPilot line. But will it be bought out before it has a chance to recover?
Three strikes for 3Com?
news analysis Even as the networking firm moves to refocus its business model, the company's financial woes may reinvigorate rumors that it's ripe for a takeover.
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