Yagottabe Kidding

Dell Needs to Acquire Palm

Well, Palm just announce a rather significantly more disastrous quarter than even The Pessimists had been predicting AND mentioned the possibility of even further dilution (by issuing stock), probably due to an inability to get further loans.

So they have 180+ megashares out (converting those Preferred) and a stock price of $6.50, MASSIVE debt, and a strong potential to have even more share out.

Dell is going to spend BILLIONS for the Pre?

Dell Needs to Acquire Palm

If Dell acquires Palm, short it into the ground.

What a silly idea.

Palm is losing money bigtime. The Pre isn't close to release. Palm's only phone is the Treo Pro (a nice Wndows Mobile phone - one of a cast of thousands available).

Dell has been talking to the same folks that make Palm's phones, in Taiwan, for years. all they need to do - ALL they need to do - is contract with those same ODMs.

Won;t cost billions (!!!) of dollars like a Palm purchase.

What a silly idea.

Not Eating Out of Palm's Hand[-helds] Until 2010

Fiscal 2010 fpr Palm begins 2/3-year calendar 2009.

I think Palm has a much larger hurdle to leap than mere time, though.