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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001300.0%Nov 7 11:47 AM EST

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To: David E. Taylor who wrote (39306)2/14/2000 7:37:00 PM
From: Danny  Read Replies (1) of 45548
 
David:

Thanks for the detail explanation. As a matter of fact,
I understand perfectly how hard it is to come up with
a "fair" value for COMS at pre spin-off time. The
example I gave in my last email was merely a rough
comparison.

However, having said that, I am confident COMS will reach
80 before IPO day of PALM. After IPO, it will depend
on how well PALM is traded. Of course, COMS will not
follow that 1.5PALM + 1 equation to the exact, but chances
are if PALM is traded at 40, there is no way for COMS
to be traded below 80 on the same day. And if PALM is
to be traded at 60, there is no way for COMS to be under
100.

I am going to hold on to my COMS until a few weeks before
D-day and see what happens.

Thanks again and good luck

Danny
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