User 130900

2 Comments

    • ON: Wed Dec 19th 04:41 AM
      Commented on:
      Qualcomm Buys Noise Reduction Developer Softmax
      QCOM CEO needs to pushed out by his retired Daddy along with all the legal staff - nothing but lawsuits and overpriced purchases - can they do anything right? Ever since his Dad stepped down this thing has been crippled.
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    • ON: Mon Dec 17th 03:25 AM
      Commented on:
      Despite New Products, Palm Still Lags Behind RIM
      Visiting cell phone stores during the weekend demonstrated the opposite trend. A lot of people remember the days of those initial junky blackberries and taking them back. They bought the Blackberry because they couldn't rationalize the price for their 2nd and 3rd Palms. Even moreso now because the Blackberries are problematic.

      Palm's have a growing base of users who are typically more invested and into technology development while Blackberry is more for looks. Palm is already making rapid changes to suit the more superficial buyers - especially corporate purchasers. Don't forget Warren Buffet's cycle theories. This US company is one of probably 10 big tickers coming back in 2008. If we buy in 2011 the ride will be over by then because the price will be factored in. I love Blackberry but I haven't been able to talk one of my Apple loving geek friends into buying a Blackberry over a Palm. Basically the same trend when Blackberry got it's rise is now reversed in Palm's favor.

      Someone tell me how that doesn't indicate where Palm is going especially with a PE of 14 compared to Rim's PE of just over 80 a few weeks back and coming down.

      Short Rimm now and buy Palm in a few weeks or sooner when it starts to lift. The growth curve on Rimm is too fast too soon - it's going to correct especially given all the short interest - there's simply not enough bulls here to put on a squeeze. We can wait till it comes back between 60-80 before buying begins. But meanwhile Palm is just too tempting not to put a stake in sometime soon.

      Finally - think about everyone selling Palm now to get out losses for tax reasons. Shoppers will start buying it in January because it's sooooo cheap and then there's Jim Cramer telling people to remove some of their Rimm exposure before earnings.
      View article »
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