COMS/USRX Message Board

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Technology Stocks : COMS/USRX

COMS 0.00130

0.0%

Nov 4 10:50 AM EST

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To: Crotty who wrote (1154)	4/2/1997 12:22:00 PM
From: David Lawrence	of 1384

Crotty, Since the ratio is already fixed, you already effectively own 1.75 COMS shares for each share of USRX. It doesn't matter if COMS is trading for $10 or $100 when the deal closes - you still get 1.75 shares. It is not like having a split, and there is no change in your cost basis (nor is there any change in your cost basis when there is a stock split!). You cost basis in USRX will simply be allocated over your shares is COMS. You'll have 1.75x more shares, with a lower price (~0.57x), and the same ratio of cost basis as you have in USRX. So, no, we do not want the shares of COMS to stay depressed until the merger is complete.

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