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Technology Stocks : PALM - The rebirth of Palm Inc.

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To: Crystal ball who wrote (4005)3/5/2001 5:08:21 PM
From: FNS  Read Replies (1) of 6784
 
Crystal ball:: Re: <<The NASDAQ has bottomed, and....>> We can't even get a mere 150 point reversal from the 2100 NASD low and you say it's bottomed!!! Hope you're right! but I see no TA indication that we have. in fact, we might see a NASD 1900 before we see 2300-2400 resistance levels...but I will feel better about this bear tech market once we can build some base support around here, hopefully 2100 as a bottom!

Re PALM, based upon all the positive input on this thread I don't understand why this stock is still in a downtrend!!! The stock is almost at the 16.5 double bottom and not acting well....IMHO! Is the 151 PE the culprit??? Other PDA's like RIMM and HAND are in similar situation. Even if we get a 50 basis pt rate cut, while the NASD may consolidate and then head north, I'm not so sure PALM will follow! Revenue growth, earnings, and guidance will be key! Palm needs to exceed the expected/whisper numbers provide super guidance! Your thoughts???

I hope the street sees PALM as where the money is!

Best to all longs,
fns
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