SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: Mort who wrote (38962)2/5/2000 11:20:00 AM
From: Harry Sharp  Read Replies (1) | Respond to of 45548
 
Mort,
Whether the option strike price is adjusted downward to reflect the spin-off, or if the option holder also gets additional options on PALM, you agree that the COMS option holder will profit from PALM's anticipated success more or less the same? COMS stock price will rise to reflect PALM's rise. If the Call option holder actually wants the PALM shares he can exercise early to assure delivery of the PALM shares.
Otherwise his readjusted strike price sans PALM will reflect the full benefit of PALM's appreciation. In other words the option holder won't get screwed overnight by the decision of the adjustment panel either way, it would always be a fair adjustment, correct?



To: Mort who wrote (38962)2/11/2000 1:18:00 PM
From: RocketMan  Respond to of 45548
 
I hope this clears up any confusion. Actually, that adds to the confusion, but it clears up my own decision as to whether to use leaps or common as a PALM play. If LEAP holders have to await the decision of some adjustment panel, and if our options "might" be adjusted (which means they might not), why take the risk? I will just buy the COMS common, at least I know what I will get relative to PALM.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News