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Technology Stocks : PALM - The rebirth of Palm Inc.
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To: KevRupert who wrote (3951)3/1/2001 7:18:06 AM
From: ChrisJP  Read Replies (1) of 6784
 
Well somebody obviously thinks PALM is overvalued. It dropped 3 points yesterday.

Take a look at this:

biz.yahoo.com

I dunno, based on its May 02 earnings growth rate (59.04%), maybe PALM should have a PE of 60. So maybe the stock should be trading at -- $8 - $12 ?

Hope that helps,
Chris
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