Comments on: Palm Announces Profit but Gloomy Times Ahead
They said pro forma net income for the third quarter -- which excludes certain special items -- was $9.3 million, or two cents per share. This compares to pro forma net income of $15.8 million, or three cents per share, for the same quarter last year. Analysts had forecast profits of one cent..
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RE: Palm CEO Knows We're Here
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Syncplicity. Redefining Simple. www.cognitiveroot.com
RE: Palm CEO Knows We're Here
BTW, if you want to hear it for yourself, the recorded call is available here: http://biz.yahoo.com/cc/2/3902.html
The question is about 40 mins into it.
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Plenipotentiary
Palm Infocenter
Poor decisions at Palm
Palm eliminating jobs
Thanks...
RE: Palm eliminating jobs
In an effort to trim costs, the company said it would cut some 250 staff from its base of 1,524 employees and 400 contract workers.
http://dailynews.yahoo.com/htx/nm/20010327/tc/palm_earns_dc_6.html
Here it is again in The Register:
Indeed, the PDA pioneer is sufficiently worried about growth though 2001 that it's going to cut 250 full-time jobs and contract workers in a bid to cut costs.
http://www.theregister.co.uk/content/7/17933.html
However, it occurs to me that the way the Reuters article is phrased can be read in two ways, one saying that the 400 contractors are being let go and the other that the contract workers are just part of the total number of employees. Both I and The Register may have misread this.
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Palm Infocenter
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Palm CEO Knows We're Here
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