Not PALM- but I need to read their 10Q
August 9, 2006
09:57 EDT PALM
Palm-PALM recommend purchase given cash position & valuation-Buy@MLCO
The firm says PALM has over $5.00 in cash, representing 35% of market value, which could support a larger buyback.
06:16 EDT PALM
Palm, Inc-PALM valuation remains cheap given product cycle, reit Buy@ROCH
The firm has lowered its target to $20 given lower industry multiples. The firm continues to view PALM as cheap given its strong product cycles and views the company as a longer-term takeover candidate with a value of approximately $28 per share. :theflyonthewall.com
August 3, 2006
13:49 EDT PALM
theflyonthewall.com: Palm-PAM & Research in Motion-RIMM: Positive comments@PACS
Pac Crest is out positive on both stocks following their retail survey, which suggested no weakness in PALM's Treo or RIMM's Blackberry following the quarter ramp. (i.e. Channel Stuffing)
August 2, 2006
10:47 EDT PALM
Palm-PALM option implied volatility of 50 is forecasting Calm price action
PALM is up .04 to $14.56. Merrill say's "stock 40% off its high due to increasing competition, product launch delays and increasing channel inventory." MLCO goes on to say "PALM could be an attractive option for PC makers like DELL & HPQ as a way to enter the faster-growing, premium-priced smart phone space." PALM option implied volatility of 50 is near its 26-week average according to Track Data, indicating non-directional price risks.
09:17 EDT PALM
Follow-up: PALM resuming coverage with a Buy, tgt $19@MLCO
The firm expects PALM to maintain its leadership position given upcoming new Treo products. :theflyonthewall.com
06:24 EDT PALM theflyonthewall.com: Palm, Inc-PALM resuming coverage with a Buy, $19@MLCO
July 31, 2006
09:20 EDT PALM
Palm, Inc-PALM remain cautious following 10K review, reit UW@LEHM
The firm cites commentary in the 10K that included higher reserves for warranties, weak Treo backlog, and high customer concentration for its cautious views.
News 
Market Data 
Discover 
