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Old 04-28-2010, 04:19 PM   #1 (permalink)
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Default HP is buying Palm

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Was just announced on CNBC.

HP to Acquire Palm for $1.2 Billion - Yahoo! Finance

Makes no sense to me. Palm was floundering and there's no sense in HP trying again in handsets.

Palm was over $10 as recently as February, so anyone owning from there is having to sell at $5.70.
Old 04-28-2010, 04:21 PM   #2 (permalink)
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Beat you by 2 minutes

HP acquires Palm

And we had the same sort of commentary. Remember that Palm did a 1:20 reverse split a few years ago.
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