3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-18.8%

Nov 7 11:47 AM EST

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To: Angela B. who wrote (37132)	12/15/1999 7:07:00 PM
From: David Lawrence	Read Replies (1) of 45548

I'll amend my previous comment. 3Com shareholders will receive something at the IPO - knowledge of what market capitalization investors will give Palm. The caveat is that the market cap will be established with a relative small float. Nonetheless, COMS price should respond to whatever that value is and will move with it for a while. It will be a volatile time, and there will probably be a large short interest as some 3Com shareholders will lock in profits by shorting as-yet-to-be-distributed Palm shares. The post-IPO float will be pretty thin as a lot of those shares will be restricted. Trading in options will be nothing short of a nightmare.

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