Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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. -- Ignore unavailable to you. Want to Upgrade?

To: KevRupert who wrote (1317)	8/24/2000 8:27:48 AM
From: matt dillabough	Respond to of 6784

per cnbc, goldman sachs initiated coverage with a buy and added it to their recommended list. md

To: KevRupert who wrote (1317)	8/24/2000 8:28:55 AM
From: P.M.Freedman	Respond to of 6784

I think that investors have realized that the new chips from INTC will significantly speed up the growth of PALM.

To: KevRupert who wrote (1317)	8/24/2000 10:45:28 AM
From: David E. Taylor	Read Replies (2) \| Respond to of 6784

Advalorem: Just read the Goldman Sachs report - they initiate coverage with a "Recommended List" rating and a $55 price target. The report I have is proprietary so I can't post it, but I'll check to see if I'm not allowed to post some kind of synopsis of the major points. I've read a bunch of Goldman's research reports, and I've not seen one this strong for some time - their reports on INTC, MSFT, DEL and CSCO that I recall from the 1996 time frame come to mind. OTOH, they did underwrite the IPO so they could be regarded as having some bias. Now if the cell phone maker woes have freed up enough of the little gizmos Palm needs to build enough of their various models to satisfy demand and we get a blow out revenue quarter, we could easily see Goldman's $55 target before year end. David T.