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Technology Stocks : PALM - The rebirth of Palm Inc.

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To: Greg S. who wrote (225)3/2/2000 9:20:00 AM
From: SJS  Read Replies (1) of 6784
 
Greg,

Yes. But I didn't know it until I called. Evidently if you use FOX+ you won't see the shares, but the website shows them to you if you select "VIEW POSITION" in the account that you requested shares in.

I did get some, a mere fraction of what I requested, but man-oh-man, the stories I heard from the rep were astounding about the demand for this. It sounds like 2 digit share allocations was the magic number for most players - pretty much evenly. For 9 digit account levels who trade alot, I suspect it was more! <g>

If anyone knows different, pipe up (but please don't brag!! <VBG>).

Good luck to all. I did read this about PALM this morning:

____________

08:54 ET Palm Inc (PALM) ABN AMRO initiates coverage of today's IPO with a BUY rating; sets a price target of $90. Company is positioned to dominate the migration of handheld devices onto the mobile Internet. Expect the stock to settle near 42x this calendar year's sales, thus the $90 price target... The PALM initial public offering priced last night at $38 per share.

Steve
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