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PrimoTenore
PrimoTenore vip
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PrimoTenore's Blog : The case for PALM as an acquisition target

Date March 19, 2010    Comments Comments (2)    Rate this post Recommend This Post (101)   
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There's a really good article on Gizmodo on why Google should buy Palm (PALM). Here's the short version of the argument:


  1. Apple (AAPL) has already started a patent war with HTC, whose real target is Android.

  2. Palm has a great big portfolio of patents, some of which may be grounds for suits against Apple for infringement.

  3. Palm is dirt cheap to a company like Google (GOOG) or even Motorola (MOT).

  4. Palm's army of WebOS software developers should integrate nicely with Google's Android team, since their shared Linux lineage make them kissing cousins.

  5. Palm is staffed very heavily with former Apple employees who would have firsthand insight to inform Google's battle plan.

  6. Palm has experts in hardware development, a function Google is currently farming out to minor players like HTC.

  7. Palm has a whole team in carrier relations. If Google is going to make real progress getting Verizon, AT&T and the like to push Google devices on their customers, those relationships could use a boost.


Looking at a chart of Palm, it's hard to see how it could go much lower. This is a very compelling case for what an attractive takeover target it would be. I think it's a good speculative pick at this price.
Tags : PALM   AAPL   GOOG   MOT  

2 Comment(s):

Author Vet67to82     Date March 20, 2010 22:50 Abuse this post Report Abuse
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Good work. Thought provoking. Thanks
Author JoeJustJoe     Date March 21, 2010 11:49 Abuse this post Report Abuse
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PALM did in fackt put in a trendlow on Fri. It basically runs from 4.25 to the 3.9575 low...which is a purty stoopid numba ifn ya axe me so "hopefully" it trades down to at least 3.95 on the open :-) Any down open will "extendo the trendo" which means PALM has a future date with even lower lows. Based on the setup right cheeeya right now it is going to at least 2.75 in the future. As I mentioned on Fri...thurs a nonconfirmed high at 5.75...plus local yokel CJC is drunk with giddiness cuz he "finally" got one right for a gain of 20%+. The last time he did that (NTRI) he gave up his entire gain...actually, the last time he did that the stock gapped down overnight and he cheated Mr Sim and opened the pick up again the next day. That wuz this POS right cheeeeya >>> STEC. Anyhoo, once PALM completes establishing this trendlow it "should" rally a tad...and then come back to take out whatever the low for this move is befo it runs to at least 5.75. You are "correct" however, PALM would be a prime candidate for a takeover right now since stocks in general are sooooo grossly overvalued. More overvalued then at any time in the past ten years in fackt. A company like GOOG (which probly will get even more overvalued befo it gits spalunked) could come in and buy PALM out and I bet GOOG's share price would actually rise on that news....being that "the sheeple" are such morons and could eeasily be convinced it's a GOOG thang by the criminals on Wall St. *-) 3J
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