A.I.M. Users Bulletin Board

[The Grabber]

ET:

On PC adjustments due to spinoffs:

When 3COM spun off PALM some time ago, I was AIM-ing 3COM. Of course the share price of 3COM immediately dropped with respect to the value of PALM shares I received.

I don't recall the exact numbers, but I do remember taking a percentage off of 3COM's PC and using it for PALM. For example, if the reduction in LU's price was 40% and your PC was 10000, then LU's new PC is 6000 and Agere's is 4000. Note that the total of both equals my starting point. Purely mathematical!

This worked well for me and I AIM-ed both for some time after that.

Regards, Steve