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

To: Kevin Podsiadlik who wrote (38896)	2/3/2000 11:47:00 PM
From: Mang Cheng	Read Replies (1) \| Respond to of 45548

Kevin, can you clarify for all the parent/child pairs you named, are the parent giving out the child shares to their share-holders as independently trading shares ?? Coms is giving out the child shares to the share-holders. That could be the big difference that we must figure out. Mang

To: Kevin Podsiadlik who wrote (38896)	2/4/2000 1:54:00 AM
From: Mang Cheng	Respond to of 45548

Kevin, did some studies on the IDTC/NTOP relationship, doesn't look like IDTC is going to distribute the rest of the NTOP shares to the IDTC shareholders : "CAPITAL MARKETS" "In August, IDT's Net2Phone, Inc. subsidiary completed an initial public offering of 6.2 million shares of Common Stock, yielding $85.3 million in net proceeds. This resulted in a $43.9 million pre-tax ($26.6 million after-tax) gain, which was recorded as investment income for the quarter. Earlier this month, IDT completed the sale of 2.2 million Net2Phone shares, as part of Net2Phone's secondary offering. The Company received net proceeds of $113.7 million from the sale. After these transactions, IDT holds 24.8 million Class A NTOP shares, or 48.3 percent of the outstanding Net2Phone shares and 58.2 percent voting rights. As of December 7, 1999, IDT's interest in Net2Phone was valued at approximately $1.37 billion, based on the closing price of NTOP on that date. biz.yahoo.com Mang