April 1, 2008 - 2:12 p.m.

NEW YORK (AP) - A director with 3Com Corp., which makes networking equipment, bought 500,000 shares of common stock, according to a Securities and Exchange Commission filing Monday.

In a Form 4 filed with the SEC, Eric Benhamou reported he bought the shares Thursday for $2.20 to $2.30 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

3Com is based in Marlborough, Mass.