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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130+1,200.1%Nov 7 11:47 AM EST
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To: Harry J. who wrote (44265)8/1/2000 8:16:54 PM
From: cfoe  Read Replies (1) of 45548
 
To quote the 3COM "Information Statement:"

The tax basis in your 3Com common stock immediately prior to the spin-off will be allocated between your PALM common stock and 3Com common stock in proportion to their relative fair market value on the July 27, 2000 distribution date."

I take this to mean one should use the relative closing prices on the 27th to make the apportionment.
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