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

To: dav who wrote (38551)1/28/2000 6:44:00 PM
From: dav  Read Replies (1) | Respond to of 45548
 
Also, do you guys thins that PALM is a good long term holding stocks or just like those internet bubbles ?
Is it worth holding PALM for 2 or 3 yrs and watch it growing even further ( The stock price )

eom



To: dav who wrote (38551)1/28/2000 6:51:00 PM
From: Mang Cheng  Read Replies (1) | Respond to of 45548
 
Once they fixed the number of shares they won't change it. We'll get the same ratio no matter what's the ipo price will be. But of course the $ value of each Palm share will be increased. And normally falling under ipo price will not happen for solid stocks like Palm.

Mang



To: dav who wrote (38551)1/28/2000 9:40:00 PM
From: Peter V  Respond to of 45548
 
If IPO price is $14-$16, we will get ratio 1:1.5 ( COMS:PALM ), what is the ratio going to change if the IPO price raised to $20 or $24 ?

dav, please read my earlier post to you. It should not matter how much the IPO is priced at if COMS has already determined the number of shares to be issued, as well as the number of shares to be retained and thus distributed. The ratio should not change. All it will mean is more money for COMS' books.


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