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Strategies & Market Trends : Rande Is . . . HOME
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To: xtahce who wrote (51939)6/4/2001 1:54:33 AM
From: American Spirit  Read Replies (1) of 57584
 
Thanks for the info. PALM remains a solid buy at this price. I expect it to fetch 30% from here on the next takeover rumors. And there will be many. In the right hands the PALM franchise could be worth 30 billion over time. Think for instance what SNE or IBM or DELL could do with it. The current market cap is 3 billion. Therefore a realistic buy-out price could be 6 billion even with its 600 mill in cash wiped out. At least they have no debt.
Unlike most dog stocks.
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