While these factors will hurt near-term comparisons, COMS is still experiencing strong growth in the LAN switching segment and seeing revenue momentum from new products in the enterprise hub and remote access markets, the former reflecting the Chipcom acquisition. We are maintaining our buy opinion on the shares. This should help it participate fully in the strong industry growth expected in the years ahead. Beta 1.50 Shareholders 3,000 Market cap. COMS designs, makes and markets a full range of Ethernet Token Ring and FDDI hubs in both stackable and chassis-based configurations.
Hubs provide the physical connection between network elements.
Bridges and routers control the flow of data between LANs, allowing connectivity between networks. LAN switches provide high-speed links between multiple network segments. The company's Transcend network management architecture allows network administrators to monitor traffic and diagnose problems from a single, remote location. In October 1995, the company acquired Chipcom Corp., a leading manufacturer of high-end hubs, in exchange for 18.2 million common shares and options to purchase 2.4 million shares. In June 1995, COMS acquired Primary Access Corp., a provider of network access products for the public switched-data market.