PALM LISTED BY ZACKS AS A POSSIBLE AQUISITION TARGET
March 22, 2010 05:00 PM Eastern Daylight Time Zacks' Voice of the People highlights opportunities with Palm, Apple, Google, Motorola, Verizon, and AT&T
CHICAGO--(BUSINESS WIRE)--Zacks highlights commentary from People and Picks Trader “PrimoTenore”.
There's a really good article on Gizmodo on why Google should buy Palm (Nasdaq: PALM). Here's the short version of the argument:
1. Apple (Nasdaq: AAPL) has already started a patent war with HTC, whose real target is Android.
2. Palm has a great big portfolio of patents, some of which may be grounds for suits against Apple for infringement.
3. Palm is dirt cheap to a company like Google (Nasdaq: GOOG) or even Motorola (NYSE: MOT).
4. Palm's army of WebOS software developers should integrate nicely with Google's Android team, since their shared Linux lineage make them kissing cousins.
5. Palm is staffed very heavily with former Apple employees who would have firsthand insight to inform Google's battle plan.
6. Palm has experts in hardware development, a function Google is currently farming out to minor players like HTC.
7. Palm has a whole team in carrier relations. If Google is going to make real progress getting Verizon (NYSE: VZ), AT&T (NYSE: T) and the like to push Google devices on their customers, those relationships could use a boost.
Looking at a chart of Palm, it's hard to see how it could go much lower. This is a very compelling case for what an attractive takeover target it would be. I think it's a good speculative pick at this price.
About the Zacks Community
In 2008, Zacks Investment Research launched PeopleAndPicks.com, a stock-picking website where members of the Zacks community can test their strategies and share ideas with other members. Each user is scored on the accuracy of his or her picks, and top users are rewarded with free products from Zacks. Registration is free. To learn more about People And Picks, visit http://at.zacks.com/?id=5957
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3:1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit From the Pros by going to http://at.zacks.com/?id=5958.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
lol -- i am starting to think 3.60's are going to be about as low as it will get around here -- we'll tomorrow -- but I will be taking a starter here tomorrow no matter what -- this has BUY OUT written all over it -- and they'll get more than $4 a share IMHO
News 
Market Data 
Discover 
