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To: KyrosL who wrote (35546)10/16/1999 7:20:00 AM
From: KyrosL  Read Replies (2) | Respond to of 45548
 
Using IPO shares to cement Palm's new alliances

The coming Palm IPO will involve up to 20% of Palm's shares. This is a relatively high percentage compared to some of the hot internet IPOs. IMO, it would be interesting if a good portion of the IPO shares were allocated to some of the new Palm allies such as Nokia. Such a move would not only help cement the alliances, but would also limit the size of the float, thus contributing to a higher eventual Palm stock price. The only losers will be the WS houses who will get to distribute fewer Palm share to their favorite customers.