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Politics : Idea Of The Day

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To: Carolyn who wrote (39726)5/19/2001 2:53:56 PM
From: TWICK   of 50167
 
Troubles at hand for Palm
Handheld maker could become buyout target
www0.mercurycenter.com

lol. With a 3 to 4 billion market cap, possibly halve the cash reserves after $300 million write-down on products and components it can't sell and real estate charges... if PALM is bought, it won't be higher than Friday's close IMO.

Could end up being like the ISLD buyout by CWB. ISLD settled for $340 million, or $3.40 per share.

Twick
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