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About Palm, Inc

Get More Info SANTA CLARA,, 2000

As of July 11,,.,. The Board has lawful a two-year closing date on the repurchase authorizations, and with the exception of re-issuances in association with employee stock programs, there're nil distinctive plans for shares that could be bought. Enterprise Editors/High-Tech Authors . Eastern Time on July 27, over at this website 2000. Such buys might actually be this hyperlink used to offset shares invented due to employee's going to the gym stock selections link and employee stock buy plan requisites

For More Info ,. "We're contented to have reached this landmark prior to originally anticipated, whilst producing shareholder value within the process. . Palm, Inc

. read what he said Platform licensees also encompass Sony and Nokia. federal revenue tax motives. Palm trading within the ex-distribution large grocery stores, beneath the ticker hallmark PALMV, depicts Palm stock which a 3Com shareholder of record is as a result of gain on the dispersion date. The final proportion was computed by taking the exact amount number of Palm shares belonging to 3Com and More hints partitioning it by the amount of shares of 3Com quite typical stock awe-inspiring on the record date, July 11, 2000

. . The Palm Operating system platform 's the foundation for the industry-leading handheld pcs from inside the firm and even goods from its tactical partners namely IBM, QUALCOMM, Franklin Covey, Handspring, TRG and Hallmark Technological innovations.

Palm trading within the frequent way large grocery stores, beneath the ticker hallmark PALM, depicts Palm stock that isn't retained by 3Com. Based on the governing from inside the Internal Income Service, the dispersion of whole shares of Palm, Inc.. Investors Go Here that have uncertainties to the Palm, Inc

The firm also offers go into infrastructures and IP services platforms for affiliation networks carriers. We remain stabilized committed to our maturity goals, and about the delivery of wealthy, yet easy affiliation resolutions, determined by tactical technological innovations namely broadband connectivity, bluetooth go into, and IP telephony." . A data announcement, that contains the finale dispersion proportion, and even info on ways to compute article source the proportion cost basis would be sent by mail to 3Com investors of record in the course of the week of July 17.. The quantity and timing of shares to be bought are going to be dependent on quite a few factors, adding up strategy for repurchase chosen, the cost of the business's stock, the degree of stock issuances beneath the firm’s employee stock plans and large grocery stores conditions. As previously exclaimed, 3Com's Board of Controllers lawful a stock repurchase program within the quantity of up to one billion greenbacks

. 3Com simplifies how individuals interact with info and services through easy-to-use, connectivity goods and resolutions for clients and commercial organisations. 3Com trading within the frequent way large grocery stores, beneath the ticker hallmark COMS, contains the entitlement about the Palm dividend

Included in the dispersion process, the derivative securities COMSV and PALMV have begun trading and will remain in the course of the July 27 dispersion date. 3Com doesn't expect the amount of employee stock selections awe-inspiring to switch materially amidst July 11 and July 27.. . Money earned in place of fractional shares would be taxable. "The dispersion of Palm completes the commitment we made last Sept to formulate two independent management organizations within the meadow of handheld computing and networking," mentioned Eric Benhamou, 3Com Chairman and Chief executive officer and Palm Chairman

About 3Com Corp

3Com trading within the ex-distribution large grocery stores, beneath the ticker hallmark COMSV, swaps without entitlement about the Palm dividend. 3Com possesses 532,000,000 shares of Palm and as of July 11 there were 358,496,844 shares of 3Com quite typical stock awe-inspiring.. 3Com investors are going to gain whole shares of Palm and money payments for fractional shares.

3Com's tactical fixate has been pointed, and its certainly likely to formulate further shareholder value broadened during this alteration.

spin-off also might call 3Com's Info Agent, Corporate Investor Communications,. Manufactured to help the increasingly mobile and geographically dispersed mother nature of info leadership, the firm’s handheld resolutions permit individuals to bring their most critical info during their pouches.. 's the leading seller of handheld pcs (IDC, December 1999), adding up the Palm III, Palm V and Palm VII ranges of handheld pcs. These distinct stock icons are as a result of the formation of 2 advertises on the Nasdaq for 3Com and Palm, the "frequent way" large grocery stores and the "ex-distribution" large grocery stores. 3Com Notifies Palm Dispersion Proportion of

Reaffirms Stock Repurchase Plan of Up to One Billion Greenbacks.