Wednesday, August 30, 2006
Position Updates: PALM
via Flyonthewall.com:
Palm-PALM Cingular launch of Blackberry Connect for Treo a strong positive@ Morgan Keegan
Via briefing.com:
PALM- Palm: Cingular launches BlackBerry Connect for Treo 650, positive for Treo sales - Morgan Keegan (15.00 +0.00)
Morgan Keegan notes that Cingular Wireless announced this morning that it has launched
BlackBerry Connect with the Palm Treo 650 for the U.S. mkt. Firm says this is the first launch of BB Connect on the Treo in the U.S. mkt. Firm expects that this will add to the Treo's success in the enterprise market in the U.S., and it is a clear incremental positive for Treo sales going forward as Palm will not only drive incremental new subs to RIMM, but also likely benefit from a certain percentage of the roughly 3 million BlackBerry enterprise subscribers in the U.S. upgrading to Treos.
Palm-PALM Cingular launch of Blackberry Connect for Treo a strong positive@ Morgan Keegan
Via briefing.com:
PALM- Palm: Cingular launches BlackBerry Connect for Treo 650, positive for Treo sales - Morgan Keegan (15.00 +0.00)
Morgan Keegan notes that Cingular Wireless announced this morning that it has launched
BlackBerry Connect with the Palm Treo 650 for the U.S. mkt. Firm says this is the first launch of BB Connect on the Treo in the U.S. mkt. Firm expects that this will add to the Treo's success in the enterprise market in the U.S., and it is a clear incremental positive for Treo sales going forward as Palm will not only drive incremental new subs to RIMM, but also likely benefit from a certain percentage of the roughly 3 million BlackBerry enterprise subscribers in the U.S. upgrading to Treos.
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And PALM instantly fell out of the tree. I sold mine - this is whipsaw city and there is absolutely no market for this stock.
Oh I agree...its stupid cheap. But...MSFT must have reviewed them...and AAPL...etc. etc. I always wonder what none of these guys who may be dreaming about a phone and that form factor never scooped 'em up.
MSFT has been enamoured with itself and its products for years. Don't expect MSFT to make ant big deals.
AAPL is in a league of its own.
If PALM got a bid, it would come from DELL, HPQ or private equity.
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AAPL is in a league of its own.
If PALM got a bid, it would come from DELL, HPQ or private equity.
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