The only thing PALM needs is Management that understand their GREAT PRODUCT LINE, GREAT MARKET DOMINATION, and so forth, and not try to SUCKER PUNCH ANALysts into lowered easy to beat estimates, that's disloyality to the shareholders and the use of the company shares as "CURRENCY" to buy up other companies in M&A activity, rather than trying to FOCUS ON THEIR JOB SECURITY. Do they think they will be heros when PALM beats the street at maybe 3 cents instead of the 8 cent loss projected with "NO VISIBILITY", they are like three BLIND MICE see how they run (The company) that is what counts. The Company and PALM products was created by 3Com (COMS) many years voted the best run company in the world (even beating GE some years and CSCO evenly etc). But lets face it, being a follower in a 3COM is different than being a leader in a PALM, and that is why they should take the hin from Donna Dubinsky at HANDspring and reaffirm the GROWTH PROSPECTS GOING FORWARD. That is how I intend to vote for the Board of Directors who can hire and fire the Management of PALM and how I will vote when I approve or disapprove ESOPs and other CEO stock option plans. I still hold that PALM is and will be one of the greatest companies on the planet. Their Management just needs to know how to hold a conference call better, they beat earnings (2 cents versus est. 1 cent) but its the DUMB STUPID IS WHAT STUPID DOES GUMPISM that they need to improve on, imho. Hear me Mr. Y ?
I still am a BUYER AND HOLDER all the way to $50 (up from my target of $46). It will hit $68 again, the only question is WHEN not IF.
I am,
Truly your$,
-Crystal Ball |
