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


To: mr.mark who wrote (2286)10/20/2000 1:33:22 PM
From: Mang Cheng  Respond to of 6784
 
Heard on CNBC "phone in" segment. A guy asked about Hand and the analyst responed:

Hand's valuation is extremely high based on any measures. But the PDA sector is booming with 100% growth whereas PC has 15% growth. A block-buster christmas is coming. So this analyst thinks it's still good to buy Hand at this level and as christmas sales and other stats come out Hand will go higher. But he cautioned people to get ready to run since one day the bubble will deflat.

The CNBC anchor then asked "how about Palm ?" The analyst said Palm is also a buy at this level since it's basically in the same business as Hand.

Mang