PALM - The rebirth of Palm Inc. Message Board

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Technology Stocks : PALM - The rebirth of Palm Inc.

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To: Crystal ball who wrote (4467)	3/28/2001 11:33:01 AM
From: FNS	Read Replies (1) of 6784

Crystal ball: <<PALM is SUPER BUYING FRENZY as bounces back. >> I'm amazed at your tenacity to cheer lead this thread....bravo! But rev's is what drives high growth rate stocks with high PE's, imho! Also projected earnings are key! So, the market senses dead money for a qtr or more and the stock tanks! This is the reality of it. Unfortunately, I didn't expect to see such a dismal outlook for next qtr as Y indicated. Further, curtailing expansion plans tells me recovery will be slow...especially trying to sell in the corporate climate! However, if economy does recover more quickly than expected, PALM may be caught short those vital components to satisfy demand! Thus, other PDA 's and smart phone players may do well! OTOH, if only an "inventory correction" as Y says, then PALM needs to react quickly if demand picks up! Key is whether PALM can cut costs and still react quickly to economic recovery!!! Unfortunately, the street is showing no mercy. fns

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