Posted by & filed under Financial analysis.

Description:  Palm’s future already looked bleak. But after reporting worse than expected results for the third quarter Thursday, some analysts think the company’s stock is now essentially worthless.

Source: CNNMoney.com
 
Date: 03/19/2010

Link: http://money.cnn.com/2010/03/19/technology/palm_target_price_zero/index.htm

Questions for discussion:

  • Summarize the reasons for Palm’s demise.
  • Do believe there is any hope for the stock?
  • How would you approach this stock to make a short-term play?

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