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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?

To: Trumptown who wrote (6181)	3/21/2002 9:11:31 PM
From: American Spirit	Read Replies (1) \| Respond to of 13660

Now that it's clear PALM is NOT losing money and has NO real debt and 285 mill CASH (as opposed to what shorts were saying, that it was going BR) I don't see why anyone would be tempted to short it, except out of (foolish) old habits dying hard. A year ago it was the best short around. Now it's just the opposite IMHO. Looked at HAND and RIMM and they don't look to be as good bargains. HAND is still losing money and RIMM has a significantly higher market cap. While Palm has the name brand and the operating system, the Kleenex or Polaroid of hand-helds so to speak. Expect upgrades. Bear Sterns recently downgraded it at the bottom and now has suddenly upgraded it again. Idiots.