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To: Jane4IceCream who wrote (49629)	4/16/2002 8:37:02 PM
From: American Spirit	Respond to of 208838

PALM - the other side of the coin is that PALM did not end up falling in sympathy with HAND. I expect it to be back over $4 soon. In time I believe they will put all other PDA operating systems out of business and be the MSFT of little hand-helds. HAND may survive but it has to stop losing money. 100 mill cash can go quickly. PALM has no debt and 300 million cash, plus they're making profits now. Seeing as PALM dominates the PDA world their 2 billion market cap means the market values the entire PDA world at about 4 billion. This is an ineffiency of course and not really true. It's because PALM is grossly undervalued.