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To: John Graybill who wrote (30941)5/3/2000 6:23:00 PM
From: RocketMan  Respond to of 42523
 
What killed palm is that it has earnings, and thus a p/e. Its p/e is down from a wildly bubbleistic 2000+ to a merely irrationally exhuberant 479 now. But if it had been losing money, well, hey, its stock would still be up there, with the promise of being profitable in a year or two. They should have IPO'ed when they were still in the red.