SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?


To: JDGarza who wrote (36211)11/13/1999 11:32:00 PM
From: Bill Wexler  Read Replies (1) | Respond to of 45548
 
It doesn't do any good to worry about the number of shares. It can be completely arbitrary and the only thing that you know for sure is that for every share of COMS that you own, you will receive 1/345,000,000th of 80% of Palm.

What's really important is that a lot of shareholder value is going to be unlocked. Palm alone will be a hot property and 3Com has a good chance of being acquired after the spinoff.

I applaud this move on the part of 3Com management and have been buying the stock aggressively as a result. I think its about time that one of these huge IPO spinoffs goes where it belongs - directly to the shareholders of the parent company.