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

To: Mang Cheng who wrote (43396)	6/3/2000 7:13:00 PM
From: XBrit	Read Replies (2) \| Respond to of 45548

Yeah Mang you're right that the price of PALM is much more important to most COMS owners right now. However, not to me because I'm one of those scumbag arbitrageurs :)

To: Mang Cheng who wrote (43396)	6/4/2000 8:37:00 AM
From: David E. Taylor	Read Replies (1) \| Respond to of 45548

Mang: Julius is correct on the COMS share count dilution. If the present $7 ex-distribution value of COMS doesn't increase by 7/27, then at the present PALM price of $26.5, the 24.4 million presently un-exercisable COMS employee options become 164 million on 7/28. At a PALM price of $32, they'll swell to 192 million, and at your hoped for $38, they'll balloon to 223 million COMS options. And if COMS buys back shares, they won't be buying back the unexercised options, they'll be buying back live shares. They could even seize the opportunity to take the company private! David T.