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To: Robert Rose who wrote (95390)	3/2/2000 1:16:00 PM
From: Danny	Read Replies (1) \| Respond to of 164684

Rob, I happened to have quite a few COMS averaged at 30+/-. The deal with the PALM spin off is to distribute 1.5 PALM shares for every COMS share you own 6 months after today. So, assume PALM stays at 50 and above 6 months later, the day before the distribution date, COMS should be at 501.5 + 25(the intrinsic value of COMS) = 100. Given that COMS is traded at 83, and PALM at 50 is a conservative estimate, I think buying more COMS here makes sense. Think about the worst case, even if PALM goes to 30 on the distribution date, COMS should still worth 301.5 + 25 = 70 So, the downside risk is very small, in my opinion.