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Strategies & Market Trends : Quarter to Quarter Aggressive Growth Stocks

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To: Jack Hartmann who wrote (172)6/24/2000 9:50:00 PM
From: Jack Hartmann   of 6926
 
W) Update on PALM
Rated a WATCH

Palm Rev in Nov99 quarter was 258M
EPS was 0.02 per Hoovers
Palm Rev in Feb00 quarter was 272.3M
EPS was 0.02 per Hoovers

Jun 28 will have PALM earnings.

Shares offered (mil.): 23.0
Offering amount (mil.): $874.0
Post-offering shares (mil.): 562.258
If all sold at $95 the PALM marketcap is $55B.
If sold at $38 it was worth a 22B cap.
Tight $25-30 trading range.

Summary

Sigh. The sequential rev growth was a little under 10%. Not the kind of growth I like.

Jack
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