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----- Original Message -----
From: "TraderJoe" <ta-trader@xxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Tuesday, August 08, 2000 12:22 AM
Subject: Re: 3 COM split adjustment
> I have always received a reply from Reuters DataLink support within a day
or so. Here was the response for the 3Com issue.
TL : Not me but i got finally a response today so ?
> 3Com (COMS) had a drastic drop in price on 7/28 because of the spin off of
Palm Pilot shares to the shareholders. This is a spin-off not a split.
Reuters does not adjust for spinoffs because the spinoffs do not affect the
number of shares outstanding of the company, in this case COMS.
TL : looks logical to me but the price chart looks like a crashy thing now
and there was no crash but a
spin off : i wonder if everything goes ok from that point on with
any trading system beeing used on COMS ???
Anyway : thanks a lot Joe.
Theo L.
the anti-hold man :)
>
>
>
> Official News
>
> NEW YORK (Dow Jones)--3Com Corp. (COMS) is officially out of the
> business of making handheld computers, and investors are relatively
bullish about the company Friday. The Santa Clara, Calif., network equipment
maker completed the spin-off of its Palm Inc. (PALM) unit, which makes Palm
Pilot handheld devices, after the market closed Thursday. 3Com unloaded its
94% Palm stake by distributing to 3Com shareholders 1.484 Palm shares for
each 3Com they own. Based on Thursday's closing prices, 3Com shareholders
received $52.77 worth of
> Palm shares for each 3Com share. 3Com shares closed at 64 9/16 Thursday,
which means the market valued the post-Palm 3Com at $11.79 at Thursday's
close. As a result of shedding Palm, 3Com shares are now trading at a
fraction of their previous value. In recent trading, 3Com was at 13 5/8,
down 78.9% or 50 15/16 from Thursday's close.
>
> But the steep plunge is illusional
>
>
> ---
> Joe
>
>
>
> On Sat, 5 Aug 2000 16:47:30
> T.E.M. Lockefeer wrote:
> >Yes Lionel :
> >
> >1) familiar with this problem ?
> >
> >2) As i told before there support@xxxxxxxxxxxxxxxxxxx
> >
> >seems to be DEAD during this last month or so :
> >
> >(just don't reply to my emailrequests).
> >
> >any experience with that too ?
> >
> >Thanks in advance.
> >
> >Good trading.
> >
> >Theo Lockefeer.
> >
> > ----- Original Message -----
> > From: Lionel Issen
> > To: metastock@xxxxxxxxxxxxx
> > Sent: Friday, August 04, 2000 5:28 PM
> > Subject: Re: 3 COM split adjustment
> >
> >
> > I assume that you are using Reuters Data Service?
> > Lionel Issen
> > lissen@xxxxxxxxx
> > ----- Original Message -----
> > From: T.E.M. Lockefeer
> > To: support@xxxxxxxxxxxxxxxxxxx
> > Cc: metastock@xxxxxxxxxxxxx
> > Sent: Thursday, August 03, 2000 12:11 PM
> > Subject: 3 COM split adjustment
> >
> >
> > Dear Reader :
> >
> > 1) When wil the stockprice of COMS be adjusted to the
> > recent split ?
> >
> > 2) Stil waiting for answer of my email WEEKS ago.
> >
> > T. Lockefeer
> >
>
>
> Send your favorite photo with any online greeting!
> http://www.whowhere.lycos.com/redirects/americangreetings.rdct
>
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