Rochester,NY 8/14/2009 10:18:27 PM
Palm, Inc., PALM - Bullish positions in Palm Traders dial up
Palm, Inc.
Traders had an interest with wireless network providers and mobile phone makers, pursuing positions in Palm Inc., Sprint Nextel Corp. and Nokia Corp.
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Trading in Palm got heated up after analysts at Morgan Joseph downgraded the company's stock to sell, from hold, saying they believe sales of Palm's Pre phone appear to have "slowed significantly."
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