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


To: mr.mark who wrote (38769)2/2/2000 11:54:00 AM
From: Sawtooth  Read Replies (1) | Respond to of 45548
 
<<many who buy and hold will be intent upon selling when they get their PALM shares. imo, there will be even more money to be made by buying both PALM and COMS during that period, and holding until the selling pressure subsides and the price begins to climb once again>>

I'm with you on that, Mark; at least right now. I wonder what will happen to the price of Palm when the distribution to Coms shareholders takes place. In theory, there will be no new shares issued so there is no earnings dilution; however, the float will be diluted ~five-fold at that time. Simple supply and demand should fit into the equation somewhere; not even accounting for those Coms shareholders who want to dump their Palm shares immediately. Or, am I missing something in this line of thinking?

......VVVVVVVVV