Does anyone own PalmOne stock?

Discussion in 'Palm' started by rbj, Nov 2, 2004.

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  1. rbj

    rbj Mobile Enthusiast

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    I'm curious, but considering the huge negative reaction involving T5, are people going to start selling off their PalmOne stock?

    What does this mean for PalmOne? Like if they lose a lot of money over T5, does this mean that there won't be any T7? Thus only Treo devices will be made from now on?
     
  2. wolfRx

    wolfRx Mobile Evangelist

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    [​IMG]
    Moreover, the insiders (yes, and Mr.COLLIGAN too) have been selling their shares, too

    Insider Purchases - Last 6 Months
    Shares
    Purchases==== 1,000
    Sales======= 418,000
    Net Shares Purchased (Sold) (417,000)
    Total Insider Shares Held 6.01M N/A
    % Net Shares Purchased
    (Sold) (6.5%) N/A

    Net Institutional Purchases
    Net Shares Purchased (Sold) (672,000)
    % Change in Institutional Shares Held (2.4%)

    From http://finance.yahoo.com/q/it?s=PLMO

    That means troubles ( Also, bearing in mind that the net income has been negative for the last 3 years and they are FAR AWAY from being one of the industry leaders).
    So, yes. There's a possibility that there won't be any T7.
    And Treos... Well, it depends on variety of factors.


    P.S. You know, the first impression that I got from T5 was that they are just trying to buy some time to cover their traces.
    PPS I owned Treo 270, but I didn't like it because it was neither a good phone, nor a decent PDA. It was a good gadget to play with, but as a working instrument it was not a good one at all. So, I'm highly sceptical about Treo sales, too
     
  3. singsong

    singsong Mobile Deity

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    Speaking of the Treo, according to an investment bank report, PalmOne will make a Microsoft OS version of the Treo.

    While not confirmed or denied by PalmOne, it's interesting to note that the report states,

    PalmSource takes hit on investment report.
     
  4. EdT2

    EdT2 EdT5 since 14APR05

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    Hi Wolf,

    In your signature line it says T2 + 1500 AH. Assuming it refers to your battery situation, could you elaborate a bit? What exactly did you do and how does it look?

    Thanks,
    Ed
     
  5. wolfRx

    wolfRx Mobile Evangelist

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  6. EdT2

    EdT2 EdT5 since 14APR05

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    Thanks! Actually I had seen that thread but just did not make the connection. Seems like quite an ordeal!
     
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