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Technology Stocks : PALM - The rebirth of Palm Inc. -- Ignore unavailable to you. Want to Upgrade?

To: David Howe who wrote (1286)8/20/2000 1:33:01 AM
From: Mang Cheng  Respond to of 6784
 
I am so glad that Gary Smith of the Street.com is bullish on Palm at this very moment. He noticed the broke-down a week ago. I wasn't too scare about this broke-down at the time because I knew that was due to post-distribution shakeout, option expiry and general market pull-back - all based on the low vol I saw. I didn't think it should pull-back so much but it did - what can I say.

Now Gary is starting to like Palm because it bounced up from the 50 day moving average. And the general rounding bottom shape is the key bullish feature he is looking at.

Gary is a good TA. He uses an empirical and classical TA method that I also enjoy using.

thestreet.com

Mang



To: David Howe who wrote (1286)8/20/2000 11:01:11 AM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 6784
 
The more I think about my initial guesstimates, the more I think I'm understating the spread of handhelds. Sometime this decade every G8 man/woman/child (and I bet even the odd pet) capable of using a phone will have a handheld, be it phone-only or combined data/phone. I don't have the latest population figures, but that has got to be a billion-unit market.

I think I just convinced myself to buy some Nokia and Qualcomm to go with my Palm. ;-)


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