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Technology Stocks : Microsoft C/E PDA

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To: KevRupert who started this subject5/21/2001 8:27:48 PM
From: KevRupert   of 362
 
Palm Readers Agree That the Future Looks Ugly

thestreet.com

"...In the meantime, "It certainly is an acquisition candidate now more than ever," in Sepenzis' opinion. He rates Palm a buy and his firm has done no banking for it. On Thursday afternoon's conference call with analysts, many were throwing around November as the likely time frame for Palm to run out of money. Bruner would not agree, but said Palm may have to seek funding.

"Ninety percent of Palm's problems are self-inflicted," says Needham analyst Charlie Wolf, who hasn't done banking for Palm. "In terms of a product transition, I have never seen a worse one in the business."..."
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