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

To: Tom R. Clarksburg who wrote (4170)	3/14/2001 10:08:15 AM
From: Crystal ball	Respond to of 6784

As Predicted: PALM now RALLYING. Let it continue. I am, Truly your$, -Crystal Ball

To: Tom R. Clarksburg who wrote (4170)	3/14/2001 10:20:05 AM
From: FNS	Respond to of 6784

Thanks, Tom....<<You guys are under-estimating this company!>> nice number est's. Given the strength this morn after all the bad Japanese banks news broke, PALM held pretty firm...must admit pre-market trading was scary! On a more positive note, CAPITULATION did not occur this morn .... in fact, the US market looks more positive. GO PALM! fns

To: Tom R. Clarksburg who wrote (4170)	3/14/2001 11:41:20 AM
From: sjemmeri	Respond to of 6784

My analysis of PALM is not nearly so specific. I think that in several years PALM will be worth several times sales that will be several times current sales. I started a position in PALM in the pre-market this morning.

To: Tom R. Clarksburg who wrote (4170)	3/14/2001 4:07:39 PM
From: Tim McGee	Read Replies (1) \| Respond to of 6784

Tom, With all due respect to your model, it is very generous. I know you have done some calling around to retail outlets. But your extrapolations may over-estimate the number of recent orders. All your estimates also came in close to the guidance range and you did not even consider international sales. If your estimates are even 70% on target, then Palm blew away the guidance. So I am skeptical at this point. Based on the economy and the first two months data, it seems to me that Palm probably hit their guidance. I hope your model is right. But there are some concerning questions: Why did Palm have so many units to ship in Feb? How light were the first two months? How has the economy affected purchases of PDAs? What was the activity like at the distributor level rather than the retail level?This accounts for a huge portion of sales. What were direct sales? Are companies holding off purchases? What were international sales? Will Palm get accused of stuffing the channel before the roll-out of new devices? And most importantly, what will Palm's guidance be for the next 2 quarters? It seems we have added some hopeful thinking and cheerleading here on this thread. I am only making these points so that people don't get too carried away with wishful thinking. I hope my skeptism is unwarranted but we won't know till Mar 27. Having said all that, this does look like an attractive price to get into Palm.

To: Tom R. Clarksburg who wrote (4170)	3/14/2001 8:08:37 PM
From: KevRupert	Read Replies (2) \| Respond to of 6784

Palm Forecast -- Am I Unrealistic? Tom - you indicated the following: "Advalorem, You rely too much on consensus and forward guidance revenue and EPS estimates (and Value Line?). Sales will come in at 2,275,000,000 and EPS will come in at $.20 to $.23 for FY 2001. FY 2002 EPS -----I have not crunched the numbers fully but they look like somewhere between $.39 and .45. I also look for just over $1.00/share of EPS in FY2003. Once I tie in my assumptions for FY2003 and 03, I will make adjustments to the financial model. You guys are under-estimating this company!" My initial thoughts: 1) Investors should not rely upon corporate guidance and consensus estimates? We should rely upon you because you have called some retail outlets and talked to M. Mace? This is a disservice to investors trying to make an informed decision. 2) Investors are underestimating this company? The company is priced at a P/E ratio of 114 for 2001 earnings - based upon corporate guidance! The company is priced at a P/E ratio of 69 - 80, based upon your estimates of .20 - .23 cents for 2001. These figures (your earnings estimates vs. corporate guidance) are at least 43% higher than corporate guidance -- in extremely difficult economic circumstances. We will see how close your numbers are on 3/27/01. (Recent posting of Pocket PC shows the Pocket PC taking market share of Palm in Europe.) I appreciate realistic postings that allow informed investors to make rational, informed decisions. You may be the only one out there with the correct numbers on Palm. If you are not, then your postings are hype. That's the bottom line. If you are right, then I will be the first to follow your every word. I haven't seen any commentary from you that would relate to the poor economy, competitive factors, and known corporate guidance.