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

To: Alski who wrote (39276)	2/14/2000 12:31:00 PM
From: Mang Cheng	Respond to of 45548

Alski, I tend to agree with you on the option question. The following is from the S1 and nowhere in the whole document can I find any mention that the distribution is in the form of a "dividend". It's a real seperation of the companies and not treated as a "dividend". The only mention of "dividend" is the 50 millions Palm is going to pay coms. "3Com will, in its sole discretion, determine the timing, structure and all terms of its distribution of our common stock that it owns. 3Com's distribution is subject to receiving a private letter ruling from the Internal Revenue Service that the distribution of its shares of Palm common stock to 3Com stockholders will be tax-free to the stockholders and that our separation from 3Com qualifies as a reorganization for United States federal income tax purposes." Mang