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

To: dav who wrote (38844)	2/3/2000 12:39:00 PM
From: Souze	Read Replies (1) \| Respond to of 45548

dav, I'm not sure exactly what you're saying, but it doesn't jive with what's known about PALM shares. 3COM intends to distribute remaining PALM shares, as a dividend, to COMS shareholders, but it is not obligated to do so. It is awaiting some rulings from the IRS on the non-taxability of the dividend, and the 3COM board has to vote to approve the distribution. Thus the uncertainty. As to timing, the distribution will be later this year. I think it's roughly 2 or 3 quarters after the IPO, but I haven't read the latest on that time frame.