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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: Jane4IceCream who wrote (25451)	5/30/2001 2:53:13 PM
From: American Spirit	Read Replies (1) \| Respond to of 37746

PALM just came down from $10 to $5.50. And it didn't split. I had reservations up it there and sold above $9 after buying at $6 but now I don't see any downside. Hand-helds are still a growth area and Palm owns the franchise. No other competitor has come close to them. And it's cheaper for a big company to buy out PALM than to try and compete against them. Only 3+ billion market cap now and global leadership. Like the Kleenex of tissues, or the Polaroid of instant cameras. Their brand name is the name of the product. Still I know there is a reason the stock's fallen from $70. That said, I believe 5.5 has got to be the bottom. Only broke that one day during peak negativity awhile back. Then more than doubled and now back down. Also plenty of takeover rumors on this one and they make a lot of sense.