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PALM: Bull or Bear?
Palm, Inc.
PALM
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+32.43%
in
52 days
Palm, Inc. provides mobile computing solutions worldwide. Its solutions help people to access and share information. The company offers Palm Treo smartphones, Palm LifeDrive mobile managers, and Palm handheld computers, as well as software, services, and accessories. The Treo smartphones combine mobile phone, and wireless data applications, such as email, messaging and Web browsing, multimedia features, and productivity software in a single device; the Foleo mobile companion that improves a customer’s smartphone experience by providing a larger screen and full-size keyboard for reading and ...
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PALM Struggling to Compete
PALM
-30.67%
in
54 days
The coming 3G iPhone priced at $199 is aimed at the same market as the Centro, and will likely take much of CentroÂ?s share on networks where the two compete.
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Remaining Neutral on Palm as Company Faces Strong Competition
PALM
+10.27%
in
75 days
6/6 - "We are maintaining our Neutral rating...Our estimate of $(0.26) for FY09 (May) compares with the analyst consensus of $(0.21). The highest analyst estimate for FY09 is $0.15, which translates into a P/E multiple of 48x, a fairly high multiple for a stock with a debt-to-capital ratio of 50%. Palm has a relatively large short position of 35 million shares, which probably adds to share price volatility."
"We believe sales of the Palm Centro remain solid at Sprint (S: NR-$9.20), but that sales of the older Treo models, including the Treo 700wx at Verizon (VZ: NR-$38.96) and Sprint, and ...
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Worst May be Over for Palm; Reiterate Outperform
PALM
+10.27%
in
75 days
6/5 - "We expect Palm to report its fiscal Q4:08 results (May 2008) in late June, with revenues of $284 million (5% below consensus) and non-GAAP EPS of ($0.24), 6 pennies below consensus...May will likely be another ugly quarter financially for Palm, but trends should only improve going forward. We believe a very low number of Treos were likely sold into the carrier channel in May as carriers drained legacy Treo inventory ahead of the refresh. We believe Centro growth continued unabated, and that a number of significant product launches are forthcoming."
"Our thesis on Palm has been that ...
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Reiterate Sell Rating on Palm Due to Competition, Margin Pressure
PALM
-10.27%
in
75 days
5/20 - "Although Palm (PALM) has released several new products and has a major platform redevelopment in the works, we believe that the company currently lags competitors with its dated product offering. The company faces increased competition with Apple's (AAPL) iPhone in the consumer market and Research in Motion (RIMM) in the enterprise market...reiterate our Sell rating and six-month price target of $4.00."
"We are also concerned that Motorola (MOT) will more aggressively enter the market for corporate email solutions given its acquisition of Palm's partner for corporate email, Good Te...
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The Game's Over for Palm
PALM
-10.27%
in
75 days
5/29 - "Palm shares are down 65% since October 07 and down over 75% since April 2006, the Chart is even more depressing...So is there any hope?
Not until 2009 when Palm's new Linux product should hit the market, but by that time Apple's (AAPL) iPhone and RIM's (RIMM) Blackberry will run the planet.
So what hope do you have if you buy PALM shares?
Not much. Maybe someone will buy them, but Carl Icahn already has his money in Motorola (MOT), so that boat has sailed. Who in their right mind would buy Palm?
Nobody."
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Not So Rosy Over at PALM
PALM
-5.82%
in
38 days
(closed on 06/27/08)
We believe that the company currently lags competitors with its dated product offering.
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Palm's New Treo Still Can't Compete with RIM's Blackberry
PALM
-60.00%
in
145 days
3/25 - "Palm Inc.'s (PALM) risk profile has increased significantly, says Canaccord Adams analyst Peter Misek, who adds he’s “not convinced” that the scheduled launch of its Windows-based mobile Treo device this summer, aimed at the enterprise smartphone market, will be enough to turn around the company’s fortunes."
"Mr. Miskek says the company’s risk profile has increased due to to its $74.4-million in illiquid auction rate securites that it is currently evaluating for impairment. These auction rate securities are now classified as cash, and any impairment charge could decrease cash balan...
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Palm's Annoying Little Secret
PALM
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+42.52%
in
377 days
Here's something Palm (palm) doesn't want you to know: If you're a Verizon (vz) customer who owns one of its 700p phones, and you either upgraded to the new version 1.10 software as suggested by Palm -- or received one with the update pre-installed -- there's a chance your phone doesn't work very well anymore. You'll have trouble accessing the Internet, at which point you'll be greeted with an "error 3000" message, and your phone may freeze as you dance around from application to application. I know -- because I own one. And I'm on a replacement, which doesn't wor ...
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Big Dividend Coming
PALM
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+0.32%
in
68 days
(closed on 10/04/07)
I believe that the put options on palm for some time next year are worth the risk, because they are expected to pay a big dividend ($9) some time in the near future. Put options give you all the benefits of the downward movement of the stock price due to the dividend, without having to cover the dividend as someone who is short palm would have to. I would have 2 put positions on palm for for sometime within the next 12 mths. One position would be super risky and would be the $10 PUTs, and the other position would be somewhat more conservative and would be the $15 PUTs. I should warn you...
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Palm and the Dude
PALM
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+1.48%
in
55 days
(closed on 04/29/07)
Palm, Inc. ( PALM ) is down 8% today and just $3 away from its 52-week low. Friday's speculation of Palm being acquired sent shares soaring and of course today they are right back down. The Wall Street Journal reported Palm Inc. has been " beset by taxing competitive conditions, is working with investment bankers to explore its strategic options. " The Masters can't help but think Carl Ichan and his new takeover dream of Motorola ( MOT ) could continue with taking out PALM in the same motion. Why not kill two birds with the same stone? If you haven't heard Carl Icahn and Icah ...
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By
1 2
(-0.92% risk: conservative)
03/05/07
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Comment
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simple
PALM
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+18.01%
in
178 days
(closed on 07/16/07)
P/E ratio is low, but the company is producing. Valuing it at 47 would put in line with other stocks.
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