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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: Tim McGee who wrote (43907)7/14/2000 8:04:19 PM
From: Bill Cotter  Read Replies (1) of 45548
 
Tim; Here is a way to beat them at their games. On Monday morning you buy 1000 shares of COMS at 73.625 = 73,625. At the same time you sell short 1,484 of PALM at 45 7/16 = 67429.25. Your cost for COMS is frozen at 73,625 - 67,429 = 6,196 or 6.20 per share. When the shares are issued you sell them and buy to cover your short sale (net zero) and your cost basis is 6.20 per share for 1000 COMS.
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