The Industry Standard - PALM stock dips below $4 by end of August 2008 - Comments

Very good, actually.

Eric Hill113600 — Thu, 17 Jul 2008 18:30:31 -0400

Very good, actually.

@Eric, PALM is now still

David Kuan — Thu, 17 Jul 2008 17:41:49 -0400

@Eric, PALM is now still about $5.60/sh making this prediction an interesting one to play. What is the chance of this suggestion being selected as a prediction for play?

The App Store alone seems to

Eric Hill113600 — Thu, 17 Jul 2008 17:26:01 -0400

The App Store alone seems to be making all other mobile devices inept. Now, if only AT&T wasn't the only carrier. . .

This stock is indicative of

Marc L — Wed, 16 Jul 2008 23:48:54 -0400

This stock is indicative of a change of trends in the mobile imarket.

iPhone is shocking the planet. But Palm, which has a presence.. needs to respond. A $4 share price will advise of a harder uphill climb for the company.

Adjusted to $4 given that

David Kuan — Mon, 30 Jun 2008 13:51:58 -0400

Adjusted to $4 given that since the original suggestion date (price was $6.50/sh), the stock has trended down to $5.60/sh.

PALM stock dips below $4 by end of August 2008

David Kuan — Thu, 26 Jun 2008 14:48:26 -0400

The ongoing onslaught of the PDA/smartphone markets with entrants such as the iPhone 3G, Samsung Instinct, and LG's Dare putting a pinch on PALM who reporetd 4th consecutive losing quarters. Predictably, its stock value has been trending lower as well.

With nothing significant in the pipeline to compete against the iPhone and "iPhone-killers", one might anticipate that PALM's market share will continue to dwindle, thus putting more pressure on its stock value.

This is a prediction that PALM's stock price (at $5.41 as of this writing) will dip below $4 by the end of August, 2008. The stock does not need to close below $4. It can dip below $4 during intraday trading.