RE: [USR-TC] Commworks Sold to UTStarcom
Service Contract for 96 ports for a year? :-) -----Original Message----- From: Cyrus Smith [mailto:cyrus@mtio.net] Sent: Tuesday, March 04, 2003 8:32 PM To: usr-tc@mailman.xmission.com Subject: Re: [USR-TC] Commworks Sold to UTStarcom 100 Million doesn't seem allot, what did they buy? ----- Original Message ----- From: "Jared Valentine" <hidden@xmission.com> To: <usr-tc@mailman.xmission.com> Sent: Tuesday, March 04, 2003 2:13 PM Subject: [USR-TC] Commworks Sold to UTStarcom
http://biz.yahoo.com/prnews/030304/sftu103_1.html
UTStarcom Agrees to Acquire Selected Assets of 3Com's CommWorks Business For $100 Million
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HAHAHA! That was great! Marshall Morgan Internet Doorway, Inc (aka NETDOOR) http://www.netdoor.com 601.969.1434 x28 | 800.952.1570 x28 | 601.969.3629 x28 | Fax 601.969.3838 ----- Original Message ----- From: "Joel - Fox Computers" <jfox@foxcomputers.com> To: <usr-tc@mailman.xmission.com> Sent: Tuesday, March 04, 2003 10:04 PM Subject: RE: [USR-TC] Commworks Sold to UTStarcom Service Contract for 96 ports for a year? :-) -----Original Message----- From: Cyrus Smith [mailto:cyrus@mtio.net] Sent: Tuesday, March 04, 2003 8:32 PM To: usr-tc@mailman.xmission.com Subject: Re: [USR-TC] Commworks Sold to UTStarcom 100 Million doesn't seem allot, what did they buy? ----- Original Message ----- From: "Jared Valentine" <hidden@xmission.com> To: <usr-tc@mailman.xmission.com> Sent: Tuesday, March 04, 2003 2:13 PM Subject: [USR-TC] Commworks Sold to UTStarcom
http://biz.yahoo.com/prnews/030304/sftu103_1.html
UTStarcom Agrees to Acquire Selected Assets of 3Com's CommWorks Business For $100 Million
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You're not kidding, note this line from the press release: "Moreover we believe CommWorks' large customer support and professional services organization, which represents between 40 and 50 percent of its total sales, provides an excellent source of recurring and stable revenue." It will be interesting to see what happens to the RAS stuff in new hands... -- Charles Sprickman spork@inch.com On Wed, 5 Mar 2003, Marshall Morgan wrote:
HAHAHA! That was great!
Marshall Morgan
Internet Doorway, Inc (aka NETDOOR) http://www.netdoor.com
601.969.1434 x28 | 800.952.1570 x28 | 601.969.3629 x28 | Fax 601.969.3838 ----- Original Message ----- From: "Joel - Fox Computers" <jfox@foxcomputers.com> To: <usr-tc@mailman.xmission.com> Sent: Tuesday, March 04, 2003 10:04 PM Subject: RE: [USR-TC] Commworks Sold to UTStarcom
Service Contract for 96 ports for a year? :-)
-----Original Message----- From: Cyrus Smith [mailto:cyrus@mtio.net] Sent: Tuesday, March 04, 2003 8:32 PM To: usr-tc@mailman.xmission.com Subject: Re: [USR-TC] Commworks Sold to UTStarcom
100 Million doesn't seem allot, what did they buy? ----- Original Message ----- From: "Jared Valentine" <hidden@xmission.com> To: <usr-tc@mailman.xmission.com> Sent: Tuesday, March 04, 2003 2:13 PM Subject: [USR-TC] Commworks Sold to UTStarcom
http://biz.yahoo.com/prnews/030304/sftu103_1.html
UTStarcom Agrees to Acquire Selected Assets of 3Com's CommWorks Business For $100 Million
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Read closely. :-) This does not necessarily mean that CommWorks provides anything approximating customer support and professional service. It simply means that CommWorks has a large and profitable business selling support contracts, which represent 40-50 percent of their sales, and that UTStarcom believes this is an excellent source of stable cash. No Doubt! ----- Original Message ----- From: "Charles Sprickman" <spork@inch.com> To: <usr-tc@mailman.xmission.com> Sent: Thursday, March 06, 2003 4:08 AM Subject: Re: [USR-TC] Commworks Sold to UTStarcom
You're not kidding, note this line from the press release:
"Moreover we believe CommWorks' large customer support and professional services organization, which represents between 40 and 50 percent of its total sales, provides an excellent source of recurring and stable revenue."
It will be interesting to see what happens to the RAS stuff in new hands...
-- Charles Sprickman spork@inch.com
On Wed, 5 Mar 2003, Marshall Morgan wrote:
HAHAHA! That was great!
Marshall Morgan
Internet Doorway, Inc (aka NETDOOR) http://www.netdoor.com
601.969.1434 x28 | 800.952.1570 x28 | 601.969.3629 x28 | Fax 601.969.3838 ----- Original Message ----- From: "Joel - Fox Computers" <jfox@foxcomputers.com> To: <usr-tc@mailman.xmission.com> Sent: Tuesday, March 04, 2003 10:04 PM Subject: RE: [USR-TC] Commworks Sold to UTStarcom
Service Contract for 96 ports for a year? :-)
-----Original Message----- From: Cyrus Smith [mailto:cyrus@mtio.net] Sent: Tuesday, March 04, 2003 8:32 PM To: usr-tc@mailman.xmission.com Subject: Re: [USR-TC] Commworks Sold to UTStarcom
100 Million doesn't seem allot, what did they buy? ----- Original Message ----- From: "Jared Valentine" <hidden@xmission.com> To: <usr-tc@mailman.xmission.com> Sent: Tuesday, March 04, 2003 2:13 PM Subject: [USR-TC] Commworks Sold to UTStarcom
http://biz.yahoo.com/prnews/030304/sftu103_1.html
UTStarcom Agrees to Acquire Selected Assets of 3Com's CommWorks Business For $100 Million
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