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Palm, Inc. PALM Stock Falls on Earnings
Palm, Inc. (PALM) fell on weak 4th quarter guidance tonight. Palm is trading at $4.87 in afterhours.
Palm, Inc. (NASDAQ:PALM) today reported that Non-GAAP Net Loss for the third quarter of fiscal year 2010 was $(102.8) million, or $(0.61) per diluted share. This compares to a non-GAAP Net Loss for the second quarter of fiscal year 2010 of $(45.5) million, or $(0.29) per diluted share, and to a non-GAAP Net Loss for the third quarter of fiscal year 2009 of $(94.7) million, or $(0.86) per diluted share.
http://investor.palm.com/releasedetail.cfm?ReleaseID=453337
RIMM & AAPL are still cheap.....I still wouldn't be touching this stock. Just my opinion though!
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Permalink Reply by Stocks To Buy on -
Yes, Apple should be trading around $260 fair value....that would price in a few of the recent iPad sales but leaves out the potential. iPhones sales are really ramping up
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