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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 695.420.0%Jan 28 4:00 PM EST

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To: Suresh who wrote (32378)5/21/2001 1:58:32 PM
From: Johnny Canuck  Read Replies (1) of 70195
 
Someone agree with you on PALM:

07:23 ET Palm Inc (PALM) 5.05: UBS Warburg upgrades to STRONG BUY from Hold; believes that at roughly 1x FY02 revenues net of cash, PALM offers a very appealing and defensive valuation for a company with great growth prospects and a strong intellectual property position; also believes that there is a potentially long list of well capitalized strategic buyers should management fail to execute... Firm's new present fair value of $11 is based on PEG of 1x CY03 revenues of $4.5 bln.
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