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

To: Joe S Pack who wrote (38877)	2/3/2000 8:19:00 PM
From: Sawtooth	Read Replies (1) \| Respond to of 45548

<<As of now COMS to PALM ratio distribution is about 1: 1.5. What happens if 3COM buys some other company or issues more shares (before the record date for holding COMS shares) before PALM shares are distributed as dividend? Won't that reduce the current 1.5 shares number? Is there any restriction on companies doing such a dilutive transaction?>> Nat: I'll take a swing at that. Any change in the number of COMS shares outstanding would change the ratio if the number of PALM shares remains unchanged. One thing everyone should keep in mind is that the currently proposed PALM distribution plan is simply that; a plan. Much could occur between now and the/a distribution. From Souze's post at 38861: S-1 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. ....VVVVVVVVV