Author Topic: Do you think PALM is a good investment?  (Read 1379 times)

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Offline dwaltman

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Do you think PALM is a good investment?
« on: December 29, 2008, 12:15:40 PM »
As we have seen recently, Elevation Partners (including Bono) has invested $100 million to PALM products.  I was once a heavy palm user when they first came out years ago.  I stayed with them until I accidentally threw out my Palm Trio while at conference in NYC. 

I think Palm has been passed up by numerous cell phone and smart phone models...particularly the iPhone and Blackberry models.  Rumor has it that Palm is going to release something to rival these models but they are late to the game and Palm has lost its mojo. 

So, in my opinion this is not a good investment.  This article: You are not allowed to view links. Register or Login has some of the same concerns but offers the question....can Palm be saved?

Now, it is unlikely that anyone asked Bono before the investment was made....but I would be curious to know what cell phones U2 band mates use.....I think I would be surprised to see them with Palm Trio's despite their financial connection to the company.