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

To: Don who wrote (43645)6/30/2000 2:10:56 AM
From: Mang Cheng  Read Replies (2) | Respond to of 45548
 
Don, this is an article detailing how hwp/a options are handled:

cboe.com

A bullutin like this will be preprared for coms/palm on July 11. I think it should read something like:

"coms options outstanding as of Thursnday, July 27, 2000, shall be adjusted to require the per-contract delivery or receipt of the following: (A) 100 shares of 3COM Company ("COMS"); plus (B) 150 shares of Palm Inc. ("PALM"); plus (C) cash in lieu of 0.XX fractional share of PALM Common Stock. "

Mang



To: Don who wrote (43645)7/3/2000 8:46:47 PM
From: David E. Taylor  Read Replies (1) | Respond to of 45548
 
Don:

You got the same answer and CBOE reference from Mang as I would have given you had I been around. Your present COMS options/LEAPS will sail on unaffected after 7/27 and will still be COMS + PALM. But after 7/27, the CBOE will change the symbols on you, and you'll also be able to buy COMS sans PALM options if you like.

David T.


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