SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : PALM - The rebirth of Palm Inc.
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Souze who wrote (5229)6/26/2001 4:47:06 PM
From: Win-Lose-Draw  Read Replies (1) of 6784
 
"Palm Reports..."

Impressive...

In one year they burned one-half of one Billion dollars. Despite that they're still are stuck with 400% more inventory, 8% less accounts receivable, 200% more accounts payable and 200% more "accrued liabilities". In one year they've gone from a billion bucks in the bank to taking out a credit line. At the rate they were making money - back when they were actually making money - it will take them decades to make back what they have lost over the past six months. But even the anemic level of profitability seems unlikely now since their cost growth has exploded at four time the rate of revenue growth. And all this has happened with the economy only now acually, finally, possibly entering recession territory.

Unbelievable.

My WAG at the price is $2.50 within six weeks.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News