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

To: Mang Cheng who wrote (38558)	1/29/2000 2:11:00 AM
From: dav	Respond to of 45548

One more question, OK, sounds great, one share of COMS is 1.5 PALM share + the original COMS share, so who will by PALM then ? Everyone will load up COMS instead of PALM, right ? In this case, will PALM share go THAT high ? OR PALM share price will be less then COMS share price before the spin off ? thanks EOM

To: Mang Cheng who wrote (38558)	1/29/2000 12:24:00 PM
From: Captain Jack	Read Replies (2) \| Respond to of 45548

Mang-- just be nimble as Eric is still involved,,, Re-read what you posted,, last sentence in the paragraph that was NOT highlighted... We are currently a wholly-owned subsidiary of 3Com Corporation. After the completion of this offering and the private placements, 3Com will own approximately 93.3% of the outstanding shares of our common stock, or approximately 92.8% if the underwriters fully exercise their option to purchase additional shares. 3Com currently plans to complete its divestiture of Palm approximately six months following this offering by distributing all of the shares of Palm common stock owned by 3Com to the holders of 3Com's common stock. However, 3Com is not obligated to complete the distribution, and the distribution may not occur by the anticipated time or at all. AND I am still trying to figure out how he can take this to his benefit as it is not there for ours,,, <<"If the aggregate net proceeds exceeds $620 million, 3Com has the right to elect to receive an additional dividend of up to 50 percent of the aggregate net proceeds in excess of the $620 million, the filing said.">> I like what I hear too but have been around long enough to watch Erie with both eyes,,,