3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-58.1%

Nov 14 9:30 AM EST

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To: mr.mark who wrote (38067)	1/9/2000 3:06:00 AM
From: Mang Cheng	Read Replies (2) of 45548

1) is it true that we will know the distribution ration of PALM for COMS before the ipo? Based on hwp/A experience, they won't tell you the ratio. But you can calculate the ratio very easily once you know the total no. of Palm shares issued. Let say they will issue 100 million Palm shares of which 20 million shares will be distributed at ipo. then the ratio will be (100-20) / 350 = 80/350 = 0.23 so each coms share will get 0.23 palm shares - or each 100 coms will get 23 Palm. all the above are pure assumptions just for demonstration purposes 2) won't there be an "x" date, a cut-off date for owning COMS in order to get the PALM shares? It will be around two weeks right before the "distribution" - around August. 3) when will that date be known? I think it will be like an ex-dividend date, they can declare the date anytime they want - most probably at the June earning report CC. Mang

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