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

To: The Phoenix who wrote (39789)	2/24/2000 10:30:00 AM
From: Don	Read Replies (1) \| Respond to of 45548

The only question I have (I can't get this straight in my mind but I think I'm right).. is that 20% of PALM will be held by the public - not by COMS. SO the resulting market cap of COMS should only include an 80% weighting for the PALM contribution. Is that right? If so PALM's contribution needs reduced 20% then you apply the appropriate discount (as Mang has done) based upon ones own gut feel about the final distribution. I don't think so. I believe this dilution is built into the 1.5:1. Don

To: The Phoenix who wrote (39789)	2/24/2000 10:30:00 AM
From: mr.mark	Read Replies (1) \| Respond to of 45548

"20% of PALM will be held by the public" aren't we at 7% with that number, gary?

To: The Phoenix who wrote (39789)	2/24/2000 10:40:00 AM
From: Mr.Fun	Read Replies (2) \| Respond to of 45548

Total Palm Inc. Shares = 570 million Shares in IPO = 23 million or 4.0% Private Placement = 15 million or 2.6 % Underwriter allocation = 3.45 million 0.6% 3Com holdings post IPO = 528.55 million or 92.7% 3Com-held Palm shares/total 3com shares = 1.51 SO Palm at the $16 cover price is worth $24.16 per 3com share Palm at $32 is worth $48.32 per 3Com share Palm at $48 is worth $72.48 per 3Com share Palm at $64 is worth $96.64 per 3Com share