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


To: KevRupert who wrote (4125)3/9/2001 8:04:48 PM
From: David E. Taylor  Respond to of 6784
 
Ad:

Not a bad move. Your cost basis is around $10, and you won't have your shares called unless PALM gets over $60 near term, which would seem to be unlikely. And if it does, you still make a healthy profit of $40/share or so. That's a better return than buying the stock at $20 and selling it at $60. But I'll bet those shares get called from you before year end.

I only have a small April $20's position taken earlier this week:

Message 15462080

Hanging on to that position right now for good PALM news and/or better market, still in the black with them (just), with a mental stop set at 25% loss.

Not exactly a great day today, though PALM held up better than most. The doom & gloom folks were all over CNBC, CNNfN and CNN all day, reminding everyone of Nasdaq 5000 a year ago.

Have a nice weekend.

David T.



To: KevRupert who wrote (4125)3/9/2001 8:16:00 PM
From: David E. Taylor  Read Replies (1) | Respond to of 6784
 
Ad & Thread:

Interesting summary from the recent Seybold conference on wireless.. He says that Palm will win short term over smartphones, and that eventually everyone will carry both a phone and a PDA once Bluetooth takes hold:

abcnews.go.com

Courtesy of Ben Garrett on the QCOM thread.

David T.



To: KevRupert who wrote (4125)3/10/2001 11:05:07 AM
From: Crystal ball  Read Replies (1) | Respond to of 6784
 
REBOUND RECOVERY ROCKET.
I am,
truly your$,
-Crystal Ball