Palm Still Committed to Buying Be

Palm's CEO Carl Yankowski told the attendees of the Prudential Securities Technology Conference yesterday that his company is still committed to buying the intellectual property and technology assets of Be, Inc., despite Be's stock dropping almost 70% since the deal was announced. Mr. Yankowski repeated what he has said before about the deal, Be's talent will help add new features to Palm OS 5. This is currently scheduled for delivery near the middle of next year.

If rumors are correct, there is some question about whether Be's shareholders will approve the deal. Many are unhappy about the end of the Be OS and might vote against Palm's buyout. Be's management has already warned that if that happens the company will almost certainly go bankrupt.

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The Yorg

I.M. Anonymous @ 11/2/2001 10:33:53 AM #
We will assimilate your unique distinctiveness into our own. Resistance is futile. Rapid innovation is futile. You must comply.

RE: The Yorg
I.M. Anonymous @ 11/2/2001 7:28:41 PM #
Yes, resistence is futile. Yankerkowski will assimilate you with the yorg anal probe. I repeat: resistence is futile.

RE: The Yorg
I.M. Anonymous @ 11/3/2001 4:47:33 PM #
Without the Palm deal, Be will be bankrupt within a few weeks. This means that it's staff will be fired and the company will be wound-up. How would this benefit either Be's shareholders or those who installed the OS?

Let's get one thing straight. There is no realistic prospect of a "white knight" moving in to save the OS. A number of avenues have been explored already and they all came to nothing.

The choice for the shareholders is very simple: either the deal with Palm goes ahead or the company will fall. Or to use your analogy: assimilate or die.
The Be shareholders will make their choice. Those who have installed the OS will need to find something else, no matter what happens.

RE: The Troll
I.M. Anonymous @ 11/3/2001 9:41:59 PM #
Troll troll troll your boat gently down the stream!

RE: The Yorg
I.M. Anonymous @ 11/4/2001 7:26:19 AM #
...merrily, merrily
Life is but a Yorg



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