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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: VinWood who wrote (43831)7/13/2000 11:24:01 AM
From: David E. Taylor  Read Replies (2) of 45548
 
VinWood:

We've had a lot of speculation about possible arbitrage positions with all the options available, I'm not sure I'd call it "advice".

Since I personally am not selling PALM under 40, I haven't yet considered selling my PALMV entitlement. And since I'm not selling my COMS portion until it gets up around 20 (which we may not see until after 7/27), I haven't yet considered selling my COMSV.

I don't plan to do anything until after the ratio is announced after the close on Friday, since I expect it to be around 1.51, vs the 1.40-1.45 the market is currently pricing in. If I'm correct, we get another pop Monday. Until then I'm watching, just in case PALM falls apart.

David T.
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