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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001300.0%Nov 7 11:47 AM EST
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To: Andre Williamson who wrote (43257)5/15/2000 10:44:00 AM
From: Robohogs  Read Replies (1) of 45548
 
Yes. The sale of either one would result in a retroactive tax bill. Usually you can get by with 6 months if the transaction was not thought about at the time of the spin, depending on the rationale for the spin. There will be a indemnity document where PALM will indemnify COMS for taxes which would become due if PALM did something to affect tax situation.
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