PALM - The rebirth of Palm Inc. Message Board

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Technology Stocks : PALM - The rebirth of Palm Inc.

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To: Win-Lose-Draw who wrote (4684)	4/11/2001 10:39:05 AM
From: Mang Cheng	of 6784

"Palm Extends Handspring's Palm OS License" NEW YORK (Reuters) - Palm Inc. (NasdaqNM:PALM - news), the dominant player in the personal digital organizer market, said on Wednesday it has extended handheld computer maker Handspring Inc.'s (NasdaqNM:HAND - news) license of the Palm OS operating system. Financial terms were not disclosed. Handspring can now develop and market products based on the system through April 2009, Palm said. Handspring has licensed the Palm OS since 1998. ``I am very happy that we have extended our licensing agreement for Palm OS, a critical component of our current and future products,'' said Jeff Hawkins, Handspring chairman and chief product officer, in a statement. The announcement comes a day after Palm's chief executive said the business outlook was still unclear. On Tuesday, Carl Yankowski said Santa Clara, Calif.-based Palm would not update its own forecasts, given two weeks ago when the company reported its third-quarter results and sent the stock reeling. dailynews.yahoo.com

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