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!