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Comments on: Palm Boots 3Com from S&P 500

Standard & Poor's said yesterday that Palm Inc. will replace computer networking equipment maker 3Com Corp. in its closely watched S&P 500 Index after the close of trading on July 27. Shares of Palm, which was spun off from 3Com early this year and went public on March 2, closed up yesterday 1-7/8 at 36-3/4 on the Nasdaq stock market.

In a related story, Handspring has released its fiscal fourth-quarter results. They reported losses of $5.9 million for the quarter, though revenues grew by 51%, in its first earnings report as a public company.

 

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I.M. Anonymous @ 7/24/2000 9:37:11 PM #

I'd prefer that the Palm Computing company make my next handheld; however, if the Palm Computing company is NOT up-to-speed with the rest of the market & latest trends, then l'll go else where! DON'T LET THEM BEAT YOU PALM!
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