Deep Palm Pre Plus Discounts at Walmart

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Palm is "by far" Elevation's largest investment, said McNamee. "I'm there about three times a week, mostly with the engineers," he said. "We have seven people who work on Palm, three of whom do nothing but work on Palm."

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Palm's newer operating system will give it an edge, McNamee said. The underlying technology for Research In Motion Ltd.'s BlackBerry is about 13 years old, while the technology behind the iPhone goes back almost nine years, he said.

Apple spokesman Steve Dowling didn't immediately respond to an e-mail seeking comment.

"I'm on a 10-year plan, here," McNamee said. "They are going to run out of gas way before we are."

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"Our product is just going to run rings around them on the web. If you want to go the web, it's going to be a million time faster, well, not a million times, several times faster and that's a huge deal for most people."

Pilot 1000->Pilot 5000->PalmPilot Pro->IIIe->Vx->m505->T|T->T|T2->T|C->T|T3->T|T5->Zodiac 2->TX->Verizon Treo 700P->Verizon Treo 755p->Verizon Moto Droid

This quote is correct:

They (palm) are going to run out of gas long before we (elevation partners) are.

lol - apple sells 50k ipads in two hours and palm can't give away the pre or pixi.

While that may indeed be their average price when all their shares are converted to common shares (BTW, about the same I got in one of the postings around here and Yahoo), the fact of the matter is a large art of EP's stake is =Preferred= shares. Those shares have first dibs on any buyout bucks, for example, up to their initial cost plus 1%. THEN the common shares get to split what's left.

As such, EP's position isn;t doing to bad at this time and MIGHT still be a profitable one (I haven't "done the computation" to see of they're losing yet).

That is to say, $6.85 is their "average share price" but their Preferred Shares are not...average shares.

I HATE that. DRM like that just blew up big-time on a prominent game too.

Ubisoft's DRM service fails; paying customers can't play
http://www.itworld.com/software/99432/ubisofts-drm-service-fails-paying-customers-cant-play

Local Power, baby!

http://droidcumulus.leadapps.com/

or

http://aor.leadapps.com/home

But the statements by DD cannot be lost. That spinoff was the death nail. I'm not business guru, but I just sat in shock for a few minutes when I read the news back then. Little Palm was under duress from monster Micro$oft, and decided to split into 2 smaller parts to win. Stupid.

A Palm "Hall of Shame" should be erected to identify the actual architects of this decision. These folks are probably sitting on corporate boards and training University students across the USA as I write. Could we start a list?

Pat Horne

LiveFaith wrote:
A Palm "Hall of Shame" should be erected to identify the actual architects of this decision. These folks are probably sitting on corporate boards and training University students across the USA as I write. Could we start a list?

I nominate Dave Nagel. He should have ensured that Cobalt was better than the flop it became.

E-T

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FOR IMMEDIATE RELEASE

3Com Names Former Sony Executive Carl Yankowski Chief Executive Officer for It's Palm Computing Subsidiary

Also Announces Palm's Executive Management Team and New Board Members

Santa Clara, Calif., Dec. 2 1999 - Global networking leader, 3Com Corporation (Nasdaq: COMS), today announced the appointment of Carl J. Yankowski as Chief Executive Officer and Director of its Palm Computing, Inc. subsidiary. Yankowski, formerly President and Chief Operating Officer of Sony Electronics, Inc. and President and CEO of the Reebok Brand, joins Palm Computing, the worldwide leader in the handheld computing market, on December 13.

"Carl is a highly respected and experienced global business leader with a successful track record of building new markets, extending existing business, ensuring operational excellence and creating brand value," said Eric Benhamou, Chairman and CEO of 3Com. "His wide range of management, technology and marketing experience makes him the ideal executive to extend Palm's leadership in the handheld market."

"I look forward to working with the Palm team to both expand upon past successes and develop new capabilities and services to reach a broad range of customers throughout the world," said Carl Yankowski.

http://investor.palm.com/releasedetail.cfm?ReleaseID=339186

thanks for posting.

Une entreprise française m'a donné l'innovateur titre dans leur correspondance. La France comprend l'innovation et les gens qui innovent, peu importe où l'on est ni qui ils sont. La France comprend tout simplement de l'innovation. Nous remercions la France pour leur contribution et la Statue de la Liberty.ET

E-T

E-T

Thanks for the catch. I had forgotten about Benhamou's role at 3COM prior to Yankowski coming on board. I did not start closely monitoring the comings & goings of the biz side of Palm until around the time of their IPO (when I was absolutely smitten with my Palm Vx).

ET:

Palm has been collapsing for well over a decade. Their first "collapse" was in 1999-2001 when they failed to advance their product line in any signifcant way, shape or form after almost a half-decade of dominance in the PDA market and being absolutely flush with cash. They floundered again during all of the spin-offs/name changes/litigation/management changes of 2003-2005 and blowing a HUGE headstart over the rest of the industry with smartphones. Finally, they have been more or less floundering continuously over the past several years with the Fooleo folly and the admirable but mammoth undertaking of writing a new OS & ecosystem from scratch in the face of relentless competition and near-commoditization of smartphones.

NONE of the visionaries that made Palm what they were in the 90s are still with the firm. In fact, they are long gone. Hawkins, Dubinsky, Haitani and even "PDA killer" Colligan are gone. Palm has been reduced to being a small-time bit player comprised of a collection of ex-Apple guys and wanna-be Apple guys. Again, you gotta give them credit for hanging in there THIS long and achieving THIS much, but let's not kid ourselves---without EP's deep pockets they'd have been toast a long time ago and the future remains very bleak.

P.S. Why the Pepper fixation? She departed from PIC long ago. If Pepper is indeed not dead as TVoR said, she appearently now works for Microsoft. She's probably rockin' an HTC HD2 or a beta Win7 Phone device, not a Pre.
Pilot 1000->Pilot 5000->PalmPilot Pro->IIIe->Vx->m505->T|T->T|T2->T|C->T|T3->T|T5->Zodiac 2->TX->Verizon Treo 700P->Verizon Treo 755p->Verizon Moto Droid