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


To: mr.mark who wrote (38067)1/9/2000 3:06:00 AM
From: Mang Cheng  Read Replies (2) | Respond to of 45548
 
1) is it true that we will know the distribution ration of PALM for COMS before the ipo?

Based on hwp/A experience, they won't tell you the ratio. But you can calculate the ratio very easily once you know the total no. of Palm shares issued. Let say they will issue 100 million Palm shares of which 20 million shares will be distributed at ipo. then the ratio will be (100-20) / 350 = 80/350 = 0.23
so each coms share will get 0.23 palm shares - or each 100 coms will get 23 Palm.
all the above are pure assumptions just for demonstration purposes

2) won't there be an "x" date, a cut-off date for owning COMS in order to get the PALM shares?

It will be around two weeks right before the "distribution" - around August.

3) when will that date be known?

I think it will be like an ex-dividend date, they can declare the date anytime they want - most probably at the June earning report CC.

Mang



To: mr.mark who wrote (38067)1/9/2000 3:20:00 AM
From: Mang Cheng  Respond to of 45548
 
Doing some researches on COOL and bumped into this :

Outpost.com was one of a few Internet sites to take orders until December 23rd for delivery on Christmas Eve. More than 250,000 products shipped out during the holiday period through December 23rd. Outpost.com averaged 250,000 unique visitors a day and increased new customers by 235 percent over same period 1998. Loyalty to Outpost.com
was demonstrated by repeat customer revenue, exceeding 350% versus a year ago. Some of the hottest items bought at Outpost.com this holiday were:

Hardware: E-machines, Apple imacs and ibooks and Acer Travelmate
PDAs: Palm V , Vx and IIIx
Software: Mac OS9, Via Voice recognition software, Norton Antivirus, Quicken and
TurboTax Family Tree Maker Deluxe, ''Who Wants to be a Millionaire'' CD
Games: Stars Wars-Xwing, Madden NFL 2000, Donkey Kong
Consumer Electronics: Digital cameras, Sony and Panasonic DVD systems, MP3
recorders/players
Brookstone: Barbecue accessories, picnic packs (various)

biz.yahoo.com

Mang



To: mr.mark who wrote (38067)1/9/2000 11:05:00 AM
From: david decamp  Respond to of 45548
 
Mark, maybe one clarification on Mang's response.

Regarding the x date (or record date) this will probably be set at some arbitrary date a couple of weeks prior to the distribution of PALM shares as Mang mentioned. In these days of electronic brokerages, shares held electronically "in street name", etc. those record dates legally required by anachronistic securities laws are truly irrelevant.

Just as you can buy CSCO the night before it splits on the last trade of afterhours trading at 7:59pm - and have the split shares show up in your account overnight even if the record date was two weeks earlier - You'll be able to do the same with COMS/PALM. You can buy it up to the very last minute possible, and stil receive the shares. Why? Because whoever holds the shares on the record date, and then sells them prior to the distribution date "forwards" the rights, even if the shares change hands 1000 times.

Whoever holds the "hot potato" last wins PALM.

Regards,
Dave