Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: David E. Taylor who wrote (43801)	7/12/2000 2:40:09 PM
From: mr.mark	Respond to of 45548

hanging on is an extraordinary plan, david. btw, i'm looking at this surge today and thinking maybe the distribution ratio 'whisper number' (there's a new wrinkle) is leaking out and it's looking a tad better.... much like the number you've speculated upon. also the symbian news (about working more closely with PALM now that they are not so busy) has got to be kicking PALM in the pants. :) mark

To: David E. Taylor who wrote (43801)	7/12/2000 8:46:59 PM
From: JB	Respond to of 45548

In response to a question I asked of coms IR regarding options & leaps I received the following.... The Palm distribution date is July 27, so all 3Com shareholders who own 3Com under the trading symbol COMS by 5 p.m. Eastern Time will be entitled to receive approximately 1.5 shares of Palm for every 1 share of 3Com. The record date, which is the date the distribution ratio is based on, was July 11 and because it takes 3 business days for trades to settle, the final ratio will be communicated this Friday, July 14 after the market closes, in the form of a press release. In addition, we expect to communicate the number of employee stock options outstanding in the press release on July 14.

To: David E. Taylor who wrote (43801)	7/13/2000 8:23:01 PM
From: Bill Cotter	Read Replies (2) \| Respond to of 45548

David; I think the real pop in COMS will be the day when COMS trades without PALM. Try to buy in early at the opening. A case in point, Silicon Graphics (SGI) just distributed its shares in MIPS Class B (MIPSB). The Silicon Graphics shares never reflected the true value of MIPSB prior to the distribution. If you were nimble, you could have had a 20% to 25% gain in one day. On another note, I thought the 1.5 ratio was cast in stone; why would COMS want to go thru the added expense with fractional shares and cash in lieu? Bill C.