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

To: Highway Jim who wrote (36192)	11/13/1999 8:33:00 AM
From: KyrosL	Read Replies (2) \| Respond to of 45548

The 20% of Palm will be sold in the market at the IPO price to raise money for the independent Palm. 3Com holds the other 80% in its treasury and distributes it to its shareholders as a stock dividend 3-6 months after the IPO. Nothing was announced about 3Com shareholders also getting preferred access to the 20% of the IPO shares. I am satisfied with 80% of Palm, but it would be nice if some of the IPO shares (say, 10%) were allocated to shareholders -- of course we will have to pay for them the IPO price, unlike the 80%, which will be free to shareholders.