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3Com + 1
By Rich Smith (TMFDitty)
December 1, 2006

"Huawei's on first."


"No, What's on second ..."

Actually, let's cut that joke short. Huawei's on neither first nor second, but now it's in-house at high-tech networker 3Com (Nasdaq: COMS). Actually, we're not speaking of Chinese tech star Huawei proper, but its erstwhile joint venture with similarly erstwhile Palm (Nasdaq: PALM) maker 3Com. In a press release yesterday, the American and Chinese partners announced that after a two-week round of bidding to buy each other's respective 51% and 49% stakes in their Huawei-3Com (or "H3C") joint venture, Huawei blinked first and 3Com took the prize........
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