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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: Captain Jack who wrote (40017)2/28/2000 2:49:00 AM
From: Tim McGee  Read Replies (2) of 45548
 
Arb percentage will increase as the PALM price increases.

There will be a 6 month time value factored into the price of COMS and this will be discounted. COMS holders will essentially be holding 6 month options on PALM.

Palm will reach absurd prices in the first few days/weeks/months of the IPO, but the Arb % on COMS will grow the more absurd the price gets.

Distribution day is going to be crazy.
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