David, your right... Darn, I forgot. Let me get that bag of money I left under the bed for just such occasions. Not to be cynical, but I might be able to afford 100 shares of the PALM IPO at the IPO price because i love it, but I sure can't afford 50 shares of 3COM. That "MIGHT be distributed as the SEC SA1 filing states." From what I read there are no guarantees the shares will be distributed six months from now to 3COM share holders. The words definitely or will be were not used. See for yourself www.freeedgar.com SA1 filing. If Red Hat, VA Linux and Caldera can do it why can't 3Com. Sounds like a scheme to prop up the 3Com stock price. I looked it up. It seems to be rising since the announcement. It appears to be a reward for large 3Com stockholders, NOT the poor developers! The big stockholders will benefit most from the work done here, not the people who actually do the work. I will not be buying 3Com stock to get palm shares. I am just disappointed that 3Com has decided to give the real benefits to large stockholders, not the developers. What you're saying is prop up the parent stock and I'll reward you with this IPO. My apologies to the list for taking up your time for this email. It just would of been a real treat to make a buck on our work like the developers (brother works on Linux products) of Red Hat. C. Again, sorry for wasting email on this but I gotta call it as I see it. Free exchange of ideas my friends. ----- Original Message ----- From: Gregory P. Riddick <[EMAIL PROTECTED]> To: Palm Developer Forum <[EMAIL PROTECTED]> Sent: Thursday, February 10, 2000 10:22 AM Subject: Palm IPO--Off Topic > > > The Palm CEO went on record several weeks ago saying how > Palm was reaching out to developers. Hate to tell you guys > at Palm, but you've got a major developer-relations > disaster on your hands. > > The best way to get Palm before the IPO without any special > deals is to buy 3COM. 3Com shareholders get 1.5 shares of > Palm (by most estimates)for each share of 3COM(COMS) when > Palm shares are distributed 6-9 months from now. Palm is > releasing as few as 4% of total shares to public > in the IPO, keeping probably 16% for itself and > partners--which is basically a move to drive the price to > the sky before ~530 Million (an amazing amount) shares are > dumped, er, distributed to 3COM shareholders, after which > it's anybody's guess what will happen to the price. > > Greg Riddick > > > >The developer community will have the same ability as > >anyone else in the > >world to purchase shares or anything along those lines. > >There was internal > >discussion about things like "Friends and Family" > >programs, or similar > >setups for the base of registered developers, but special > > >things like that > >will not be a feature of this IPO, according to what I've > >been told. > > >So talk to your broker and see the official filings for > >all the > >information. I can't say anything that isn't public > >information, > >particularly with respect to the IPO, due to strict SEC > >guidelines. > > >-David Fedor > >Palm Developer Support > > > > -- > For information on using the Palm Developer Forums, or to unsubscribe, please see http://www.palm.com/devzone/mailinglists.html > -- For information on using the Palm Developer Forums, or to unsubscribe, please see http://www.palm.com/devzone/mailinglists.html
