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

To: David E. Taylor who wrote (39823)2/24/2000 3:35:00 PM
From: Don  Read Replies (1) | Respond to of 45548
 
"The only way COMS will get a bigger infusion of cash is if the IPO is re-priced -- a likely event in my view. In that case, COMS can elect to take 50% of the excess over $620 million, and PALM gets the rest. Right now with $15 pricing, the net amount realized will only be about $546 million."

This is exactly why I believe that PALM will be re-priced. Why would COMS or PALM want to leave that much $ on the table?
Don


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