Rochester, NY 7/9/2009 1:32:09 AM
Afternoon Result- PALM - Palm, Inc. PALM - Based on the aggregated intelligence of 135,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, BlackBerry maker Research In Motion (Nasdaq: RIMM) has received a di ...
Palm, Inc. PALM
Afternoon Result- PALM - Palm, Inc. PALM - Based on the aggregated intelligence of 135,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, BlackBerry maker Research In Motion (Nasdaq: RIMM) has received a distressing two-star ranking.With that in mind, let's take a closer look at RIM's business and see what CAPS investors are saying about the stock right now. - Sourced - WhisperFromWallStreet.com
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Palm, Inc. PALM
14.67 Down 0.65 (4.24%) 2:16PM ET
Their hardware is chunky. Their software lags. RIM is years behind Apple and Palm in all aspects of smartphone design. They survive only in their patented enterprise solutions which won't hold forever. There is room for continued growth over the near term, but looking ahead, RIM will be left in the dust by its competitors.In a pitch from last month, jstegma also warned of more downward motion:RIM is at its peak right now. Think about the life cycle of cell phone popularity.Name one cell phone maker from 10 years ago that would have been a good investment. Motorola. Nokia. Panasonic. Ericsson. Those are all various cell phones that people have owned at one time. None of the stocks is looking all that great right now though. So why would you want to invest in a cell phone company that is currently at the height of its popularity and pay 20 times earnings?
ABOUT
Palm, Inc. provides mobile products for individual users and business customers worldwide. The company offers integrated technologies that enable people to stay connected with their family, friends, and colleagues; access and share the information; and manage their daily lives on the go. Its mobile products include smartphones and handheld computers, which provide various business productivity tools, and personal and entertainment applications.
Last Trade: 14.72
Day's Range: 14.39 - 15.25
52wk Range: 1.14 - 16.80
Volume: 9,838,626
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