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Palm IPO to make $368M

Mon Jan 31, 2000 - 8:47 AM EST - By James Hromadka

Palm is expecting to raise $368 million in its IPO, with 23 million shares being released at a price of $14-$16.

One interesting fact that the IPO filing shows is that "When Palm spins off from 3Com, it will hold an initial market value nearly two-thirds the size of" 3Com.

Click here for the C|Net story.

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