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: Terrapin who wrote (38523)	1/28/2000 4:56:00 PM
From: David Chang	Read Replies (2) of 45548

PALM potentially can contribute $48-$144 to 3Com stock price. Base on the 530 million of PALM shares that 3Com will hold after ipo and 350 million of 3Com shares outstanding today. The spin-off ratio will be about 1.5 PALM shares to every 3Com share. Assuming that PALM is priced at $16 and, after ipo, it appreciate anywhere from 200% to 600%, then each PALM share will be anywhere from $32 to $96. At 1.5 ratio, PALM will add $48 to $144 to 3Com share. Someone pls check my math.

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