The Story -- and Stock -- Behind The New Treo 650
In my TechZone today, I'll be taking a look at the new Palm Treo 650 and what this means for PalmOne.
You know I really don't understand why people can't cover a gadget like this without considering the impact on the company that makes it. This is a freakin' STOCK story! A gadget's a gadget -- but in this case, a company is betting its future on a gadget. And, with a $1.45 b market cap, investors are betting a ton that this thing will work. For that matter, with 15.1 million shares sold short (3.13 days to cover), a lot of people are betting against the Treo.
I'll be looking at that on Morning Call at 8:50 am PT and the Closing Bell in the 1 pm hour.