3Com Corporation (COMS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : 3Com Corporation (COMS)

COMS 0.00160

0.0%

Jan 29 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jim who wrote (41090)	3/2/2000 10:23:00 PM
From: David E. Taylor	Read Replies (1) of 45548

Jim: I posted the relevant sections of the PALM S-1/A a few posts back. Go read them. There is nothing anywhere in the S-1/A to support the notion that the IPO date is the "record date". The distribution of PALM stock will be made to COMS shareholders on D-day. If you hold COMS the night before, you'll have COMS + PALM the day after. Just like a split. Only Q is the distribution ration, which will 541 million PALM shares (a fixed number which COMS owns) divided by the number of COMS outstanding on D-Day. That number is currently about 350 million, and unless EB goes on a buying spree between now and D-Day and issues a ton more COMS stock , the 1.5 ratio (actually closer to 1.55) will hold. David T.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next