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


To: David E. Taylor who wrote (4625)4/4/2001 4:47:44 PM
From: FNS  Read Replies (2) | Respond to of 6784
 
Dave: <<Problem here is, what's the further downside? Maybe $5? $4? >> Won't know till the fat person (?) sings, so to speak!

However, I'm now more disappointed with the stock and company since the news of the M505 and color model, due to only an "acceptable" color screen! Not good enough!

Secondly, I'm not so sure if the stock has the potential to come back... It all depends on whether PALM can be classified as a growth stock! Right now, I'd say it is commodity driven - unless PALM's O/S becomes the MSFT of the PDA world! I don't see that happening, and, if so, I don't see PALM making the big bucks on O/S royalties!

Thirdly, the present high PE is the killer.... Palm has to convince the street that it deserves this privilege! One by one these high PE stocks are getting shot down... i.e., even QCOM!

So why am I still holding??? (Hoping for a miracle!)

Enjoy your trip!

fns