Ok, I'm being facetious on this one; but I wish I had known the Palm Pre was going to be such a 
big hit about 48 hours ago. 100% in 2 days... do they ship dry bulk goods as well? Look at that volume explosion - daytraders might actually leave DryShips (DRYS) for a day to go run this one up to $15 next week.- The early buzz is favorable for the Palm Pre, the vendor's new smart phone that is earning praise from reviewers who've had a chance to play with it. The device, which combines a touch screen with a slide-out QWERY keyboard, was introduced yesterday at CES 2009 in Las Vegas. The Pre features Palm's much-anticipated Web OS operating system, and will be available on the Sprint 3G network in the first half of 2009.
- Gizmodo called the Pre "simply amazing" and said the device may be "the most important handset to be announced in two years."
p.s. Obama blessed our portfolio this week - despite two big down days in the market we made up all of last week's lagging versus the indexes - and then some...
2 comments:
The following bit may be interesting:
"We don't know the extent of Apple's patents or if Palm's multi-touch screen infringes on any of those. But if they do, we expect Apple will jump on them. They're already pissed off that former execs like Jon Rubinstein -- now leading Palm's platform -- are working against them. Losing any market share to Palm could send Jobs into rage."
serge.
seems like palm is a one trick pony now, they've got everything riding on this one device. sure, it looks solid, but they're tied to sprint, at least for the first 6 months so we'll see how that affects sales.
i think this may be a decent short at some point, but have a feeling it will require extreme patience to eventually get an entry. they've been burning through cash like none other, but obviously those p.e. infusions help that.
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