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To: KevRupert who wrote (43132)5/8/2000 9:12:00 PM
From: Mang Cheng  Respond to of 45548
 
I fully expected good news to come this week and next week based on Morgan Stanley's upgrade to "Strong buy" last Thursday for Palm, two days before this distribution news.
Normally brokerage house wouldn't give out 'strong buy' to a stock which has totally lost momentum with no turn-around in sight - that's what Palm looked like last Wednesday. The strong buy recommendation told me Morgan Stanely knew lot's more about what's coming and the news are going to be good.

One wild card could be Apple announcing an Apple/Palm next week in the Apple conference. Sony today already confirmed a Sony/Palm coming later this year.

Mang