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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (15018)	2/13/2009 9:26:45 AM
From: Smiling Bob	Read Replies (1) \| Respond to of 19257

PALM -bidding 9.33 pm more air added to the froth Will be looking to jump back in soon Palm shares jump ahead of Mobile World Congress Thursday February 12, 5:51 pm ET Palm shares hit 52-week high ahead of Mobile World Congress NEW YORK (AP) -- Shares of Palm Inc. jumped to a 52-week high Thursday ahead of the Mobile World Congress trade show, which kicks off Feb. 16 in Barcelona, Spain. Sunnyvale, Calif.-based Palm has seen its stock price soar this year ahead of the launch of the Pre, an iPhone and BlackBerry competitor, and a new operating system. The company will present at the trade show next week. Lawrence M. Harris, an analyst with CL King & Associates, said in a client note Thursday the company's stock gained because of reported delays of two new smart phones from Samsung based on Google's Android operating system. The U.K.'s Guardian cited a Samsung marketing executive who said there will be "no Android phone at the show." But a Samsung representative said the company is on track with its original schedule to launch phones with Android, and launching at the Mobile World Congress show "was not a part of the plan." Palm's shares surged 95 cents, or 11.8 percent, to $8.98. The day's high of $9.28 was a new 52-week high.