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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?


To: David Lawrence who wrote (19951)2/2/2000 2:25:00 PM
From: Greg Johnson  Read Replies (1) | Respond to of 22053
 
Thanks for the info.

>Yes, several months after the IPO. Current estimates are somewhere between 1.2 - 1.5 shares of Palm per share of 3Com. (I'm relying on
>estimates that I've seen posted by folks on the 3COm thread.)

Curious. Why several months?

>You won't lose any COMS stock in the conversion, but its value will understandably drop precipitously once the ex-distribution date occurs. But
>you will own a "corresponding" value in Palm at that moment.

Ouch! I hate it when you say "drop precipitously"!