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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Jan 9 9:30 AM EST

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To: Amir Desai who wrote ()1/29/2000 9:26:00 AM
From: themadsnooker  Read Replies (2) of 45548
 
One thing I don't understand about COMS is the rationale for a sharp increase in the price of PALM after the IPO.

Since you can buy 1.5 shares of PALM plus one share of COMS now for under $50, why would anyone pay more than $20 for PALM after the IPO (assuming that, after spinning off PALM, COMS is worth $15)?
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