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

To: jim who wrote (41090)	3/2/2000 9:36:00 PM
From: cordob	Respond to of 45548

Sorry Jim On margin you have to sell anyway if you are squeezed. I do not think record date is an issue. They own the 95% PALM right now and we are the shareholders, so we own them! Cor

To: jim who wrote (41090)	3/2/2000 10:23:00 PM
From: David E. Taylor	Read Replies (1) \| Respond to of 45548

Jim: I posted the relevant sections of the PALM S-1/A a few posts back. Go read them. There is nothing anywhere in the S-1/A to support the notion that the IPO date is the "record date". The distribution of PALM stock will be made to COMS shareholders on D-day. If you hold COMS the night before, you'll have COMS + PALM the day after. Just like a split. Only Q is the distribution ration, which will 541 million PALM shares (a fixed number which COMS owns) divided by the number of COMS outstanding on D-Day. That number is currently about 350 million, and unless EB goes on a buying spree between now and D-Day and issues a ton more COMS stock , the 1.5 ratio (actually closer to 1.55) will hold. David T.