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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ditchdigger who wrote (18790)2/11/2000 7:21:00 AM
From: Ditchdigger  Read Replies (1) | Respond to of 29382
 
I do have to wonder though,,if at some point prior to the actual spinoff of PALM shares to COMS holders(6 months or so),,if the short sellers won't come out of the woodwork and begin to hit COMS..I anticipate a pretty good drop in COMS price,after the shares of PALM are distributed...would almost seem a no brainer to short COMS,,nearing the distribution date,then again, if PALM really cranks,it will be a hell of a long/short battle up until the distribution date,because of the demand for PALM shares.There really won't be much IPO stock to be had,AOL,MOT,and NOK are getting a big chunk of the intial shares,and I think COMS is keeping 93% of the total issued to divy to holders,should leave somewhere around 10mm in the float, immediately following the IPO.later