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Technology Stocks : PALM - The rebirth of Palm Inc.

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To: Crystal ball who wrote (5060)5/31/2001 4:49:40 PM
From: Win-Lose-Draw  Read Replies (1) of 6784
 
PALM is cheap

PALM is losing money hand over fist. According to PALM's own CFO they aren't even sure if they can be profitable for all of NEXT year. That's 2002. With those kinds of prospects PALM is most assuredly not cheap.

"Remember CSCO on the way up"

I don't believe CSCO on the way up every collapsed the way PALM has collapsed. Falling from $160 to $5 stretches any possible definition of "dip".

I'd be curious to know if PALM is in any danger of falling from any of the major indexes it currently belongs to. Anybody checked that out yet?
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