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


To: lkj who wrote (1528)9/3/2000 4:00:47 AM
From: Mang Cheng  Read Replies (1) | Respond to of 6784
 
The DoCoMo news is really good. This news together with the Sony Clie will guarantee Palm a dominant wireless position in Japan. I think the role DoCoMo plays here is the same as Bell South which is acting as the carrier of the wireless data. Palm will break $48 sometime before the earning report.

Mang



To: lkj who wrote (1528)9/3/2000 4:02:37 AM
From: mr.mark  Respond to of 6784
 
same news, this from bloomberg....

"Palm, DoCoMo to Ally on Internet-Ready Handheld PC, Nikkei Says
By Naoko Fujimura

Tokyo, Sept. 3 (Bloomberg) -- NTT DoCoMo Inc.,Japan's No. 1 mobile phone company, and Palm Inc., the No. 1 maker of handheld PCs, will jointly develop an Internet-ready palmtop and start selling it in the first half of 2001, the Nihon Keizai newspaper reported, without citing sources.

The handheld computer will have a display about three times as large as that of the typical cellular phone, the report said. Under the plan, users will pay Palm fees based on the amount of content downloaded through the handheld devices from the Internet, the report said.

The move comes as Palm attempts to expand its market share in Japan. Palm has a 55 percent share of the global handheld market, while in Japan it has a just 14 percent of the market, according to IDC Japan Ltd., a technology research company.

The stakes in Japan are growing as sales of handheld PCs surged 24 percent in 1999 to 743,500 units, according to IDC Japan. That's a market of about 37 billion yen ($349 million) based on the typical selling price of 50,000 yen.

The handheld PC market of Japan, the world's second biggest economy, remains smaller than those in the U.S. and Europe.

(Nihon Keizai, 9/3, front page) To access the Nihon Keizai Web site, see {NKEI }"

quote.bloomberg.com