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Technology Stocks : PALM - The rebirth of Palm Inc. -- Ignore unavailable to you. Want to Upgrade?

To: lkj who wrote (146)	2/29/2000 1:42:00 AM
From: Solomon	Respond to of 6784

With the IPO of PALM coming, I think one should look very closely at the price of COMS. COMS currently holds 532 million shares of PALM out of 562.2 million. With the proceeds from the IPO, COMS will get a dividend of at least $50 million, and have the option to get 50% of the aggregate net proceeds above $620 million. This could mean $180 million plus dividend; furthermore, COMS is planning to divest its shares of palm within 6 months to COMS shareholders. $100+ easy.