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

To: TechieGuy-alt who wrote (1557)	9/5/2000 11:04:06 PM
From: Andre Williamson	Read Replies (1) \| Respond to of 6784

>>3 years ago they paid 7(odd) billion $$'s for a consumer (low margin) business. Now they are looking to sell it.<< You make the same mistake others do. That $7 billion also bought Palm. It wasn't entirely luck. I recall reading analyses of US Robotics at the time that suggested that while a niche business, Palm was a very nice gem in the package. Sure, 3Com undoubtedly gave less consideration to the value of Palm than it should have, and more to the value of the modem business than it should have (especially considering all that USR channel-stuffing - what a disgrace). But to call the USR acquisition a mistake is IMO shortsighted. I'll take that kind of mistake, an almost 4-bagger (considering Palm alone!), thank you. I should make so many mistakes myself. Andre