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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: Dennis C who wrote (33907)9/13/1999 1:57:00 PM
From: DMaA  Read Replies (1) | Respond to of 45548
 
WSJ interactive says 3Com plans to sell 20% of the Palm unit in an initial public offering early next year and to spin off the balance of the shares of Palm to its holders. Under the present plan, 3Com shareholders will own stock in both companies.

2-stage offering begins with 20% of Palm spun off to shareholders, followed by 2nd stage 6 months later for rest..




To: Dennis C who wrote (33907)9/13/1999 2:12:00 PM
From: The Phoenix  Read Replies (1) | Respond to of 45548
 
See... they were just waiting for me to get out. But then I can feel good about the fact that I called this one a while back.. ;)

OG


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