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Technology Stocks : PALM - The rebirth of Palm Inc.

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To: Mang Cheng who wrote (3764)2/13/2001 1:32:21 PM
From: mr.mark  Read Replies (1) of 6784
 
yahoo post from 'stocpro' on PALM high PE ...

"several analysts are projecting EPS of $.75 - $1.00 In FY 2003. They are on a May fiscal year, So Fiscal year 2001 ends in 3 months and FY 2003 starts in just 15 months.

The stock market should begin discounting FY2003 numbers within the next few months.

PALM as mentioned many times that Calandar year 2000 and 2001 would be heavy INVESTMENT years in order to lay the groundwork for future market domination. The heavy investment period, according to the company should end By the 3rd quarter of FY2002, which is just 12 months from now! After that, their growth should go like gangbusters!

Regards and good luck. This stock is for widows and orphans, but It should provide pretty massive returns for anyone that holds on at these levels!"

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