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


To: opalapril who wrote (3867)2/21/2001 4:38:30 PM
From: FNS  Read Replies (1) | Respond to of 6784
 
<<"Navy officers start to use Palm">> Wonder if Prof Gore has switched to a PALM!!! (Doubt whether he was Navy!) LOL!

Anyhow, PALM stayed above 20 today and thus is still alive...but a breakdown in NASD to 2250 may generate further sell off in NASD stocks including PALM. With HAND breaking down this could also impart some negative impact on PALM.

My more important concern is: "Can PALM sustain a lofty PE within this climate when other high flying stocks like CSCO, NT, INTC, SUNW, etc. have been crushed for burping". And further, if there is any doubt about making guidance numbers, then we're in deep trouble. But based on the previously posted buy recommendation and $45 target price, I'm inclined to stay the ride, bumpy as it may be!

Comments welcomed as there certainly are some brilliant minds on this thread! thanks.

fns