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.
« Legal Technology - Palm's Point of No Return? | Main | Get A Centro Already! »
January 31, 2008
The comments to this entry are closed.
Lawyer,Poet, author, educator. Practices real property, corporation, wills, trusts and estates law in Pinellas County, Florida. Writes the FutureLawyer column. Gives seminars on technology and the law. Author of "Life is Simple, Really", Poems about Life, Loving, Family and Fun, and "Poems For Lovers".
My Other Accounts
Road Warrior
Poems For Lovers
Search
Subscribe Email
About the Site
- Copyright 1995-2023, Richard M. Georges, All rights reserved.
Comments