The Official Palm Blog: Clearing up a Misconception - Palm's Stock Price

Link: The Official Palm Blog: Clearing up a Misconception - Palm's Stock Price. Palm has clarified the recent tumble in Palm's stock price. Apparently, when Elevation purchased a stake in the company, each shareholder received a cash dividend of $9 a share. Therefore, in effect, the shareholders received 2/3 of the stock price in cash. So, the stock is now cheap at around $5 a share, and the company is pushing ahead. Palm has had some problems; however, the product is still stable. The company is taking some heat for delays in Vista compatibility; however, many users aren't installing Vista anyway.