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Technology Stocks : PALM - The rebirth of Palm Inc.
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To: David E. Taylor who wrote (1399)8/27/2000 4:10:15 PM
From: Square_Dealings  Read Replies (3) of 6784
 
sorry David,

I jumped the gun because I dont trust GS any further than I can throw them. IMO they are crooks.

I also find it interesting that SI chose your post as a kewl post of the day, because I failed to see the significance of it other than the advertsing for SI for Palm on the SI homepage.

Just because the lock up has recently expired doesnt mean the large holders planning to sell have done so. In fact it makes sense to me to wait for some time after the lock up and sell into some upgrade or pump.

At 20Bln mkt cap PALM is currently trading at 20 times sales and over 400x trailing earnings, so personally I fail to see the upside in a slowing economy.

I hope you will accept my apology and good luck with your investments.

My opinions on Goldman Sachs remain unchanged.

M.
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