[From Hans] In regards to what
Andy was discussing earlier today about the Palm layoffs which originated over at
Palminfocenter analysts believe Palm will not be able to effectivly compete as an independent company. "Palm Inc. (PALM) shares advanced 1.70% Thursday to close at $1.79. Palm is a provider of mobile products. It offers Treo and Centro smartphones, handheld computers and accessories through a network of wireless carriers, as well as retail and business outlets worldwide. ... Zacks recently lowered its estimates on Palm for 2009 and 2010, and reiterated its Sell rating with a lower six-month price target of $2. ... The firm believes that Palm badly trails Research in Motion Limited (RIMM) in the smartphone market and will not be able to effectively compete as an independent company.""
Trading Markets.com