SidStock: There is no question that the stock is hot. It has become a momentum play. There is no telling, however, how high the stock may go. Is the rise in the stock justified based on the fundamentals? I think so and I'm a value player. Puma is still ground floor.
The Palm Platform is extremely popular. The Proxiweb Browser which I use everyday for an hour or two is incredible. It makes surfing on the web a fantastic and very enjoyable experience. This Browser supports SSL Technology and you can now trade stocks using this browser with many online brokerages, such as, My Discount Broker, Dreyfus, Discover, DLJ Direct,etc. It supports Graphics and there is no other Browser on the market that comes close.
I have been saying that PUMA will become the next AOL and MIcrosoft combined for the Palm Platform because they possess the best Web browser for the Palm and they are going to charge a fee similar to what an ISP charges to access the Internet via the Palm in early 2000. People will pay to access the Web on their Palm because their servers are quick as lightening and their software is the best.
The only thing this browser lacks is support for Java Script and Java Applets. But Sun Microsystems is working on an application to bring this to the Palm Platform now. Puma's Proxiweb browser is only known by the hardcore Palm Freaks. But let me assure you this browser kills Windows CE in every respect imaginable.
I got in at $36 on PUMA. I'm raising my stop every day giving PUMA the freedom to move further on the upside, which it undoubtedly will, as well as allowing it to correct and fill some gaps on the downside.
This stock IMO is still dirt cheap. Can you imagine the revenues which will come as a result of them becoming the #1 ISP for Palms? It is mind boggling. Stocks like PUMA come once in a lifetime!
Message sent on the best web browser for handhelds, the Proxiweb Browser, owned by PUMA Technology!!!! |
