MikeCooper

Four Dying Silicon Valley Companies

I absolutely disagree with your assessment of PALM. Just because they are not likely to be the trend makers again anytime soon does not mean they are dead. Are Samsung, Ericcson and HTC going to fail in the smart phone market just because there products are considered second tier?

This is an absolute virgin market. Mobile broadband and web 2.0 will usher in the post-laptop world with a vengeance. PALM has made all sorts of ridiculous mistakes in the past but their managment has since changed and their development team is highly credible. They are about to deploy a new OS, they are a primary vendor of Windows Mobile (not great, but alright and not going anywhere) in the enterprise market, and their Centro line dominates the low end. Add to that the ridiculously loyal following they have for their legacy PDAs (including me), and it is clear they have a shot.

Its a risky stock certainly. But they have a good plan and they are executing on it. That is the bottom line that separates them other companies you mentioned like Sun or Yahoo, who are still searching for a business strategy.