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

To: Mang Cheng who wrote (39260)	2/13/2000 10:08:00 PM
From: Mang Cheng	Respond to of 45548

People seems to be hoplessly confused as to all the ipo numbers based on a few pm I received, so here are the numbers again after I reread the S1-a : shares to be ipo to the general public 23 millions shares to be bought by Mot, Nok, Aol 15 millions in a private placement ------------------------------------------------------- sub-Total 38 millions Shares to be retained by coms after ipo 532 millions ------------------------------------------------------- Total Palm shares outstanding 570 millions ------------------------------------------------------ Underwriters can buy for themselves 3.45 millions if the ipo is successful ------------------------------------------------------ Total Palm shares outstanding after all 573.45 millions ================== Since coms is retaining the 532 million shares to be distributed to the coms common shareholders and there are 340 (approx.) coms shares outstanding, therefore 532 / 340 = 1.56 ( the ratio we are all using here ) One thing is not certain is that if the ipo price is upped from $16, mot, nok and aol may choose to purchase less shares to keep their combined investments at around $240 millions, then I don't know they will sell more shares at ipo or what. Hope this clarifies a few things. Mang