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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Crystal ball who wrote (37594)	3/28/2001 3:13:49 PM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

I think PALM is cutitng its outlook in hte 4th quarter, we had today rev of 407m$ against lat year 270m$, now in hte fourth quarter the rev is cut to 315m$, how I handle it, I see last year as a starting point weh the stock trades at 8$ and I see that instead of falling rev I look at rising rev from 270m to 300m, forget about the rev of 407 in first quarter 2001, now since valuations have been so deeply discounted why not to consider this whole next three quarters as naught, from 2000 first quarter to 2001 fourth quarter a comapny that trades at 8$ with a growth status is company that I will buy.. I will rather wait for 61/2 but certainly deserves a hard look, yuo don't have waste money but you can be little patient, slow and steady..