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


To: Daniel Simon who wrote (611)5/1/2000 11:47:00 AM
From: GS_Wall Street  Read Replies (1) | Respond to of 6784
 
Daniel, actually you are right, the 12 million or so shares shorted now act as floation device to the palm stock prior to distribution, after the distribution there will be some number of shares shorted. The level go move up or down from the 12 million after distribution, the market environment will dictate at the time of distribution