Thread: Palm shares rise on short covering, Nokia talk
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Rauha is offline Rauha
2009-09-23 , 16:58
Posts: 1,400 | Thanked: 3,751 times | Joined on Sep 2009 @ Arctic cold of northern .fi
#8
Originally Posted by javispedro View Post
Ah, within my lifetime I've seen nearly a billion of "Palm bought by X" rumors: Microsoft, Apple, Google, carriers, HTC, Nintendo, MomCorp, etc.

Only that this time X is Nokia. Nothing to worry about.
Mostly agree.

Only one thing makes me take this rumour semi-seriously. Tarmo Virki was one of the journalist responsible for the original Reuters article that got the rumour mill running. That guy really knows Nokia, (IMHO) better than any other mainstream-media reporter.


EDIT: Palm is pumping 20 million new stocks into market. http://www.intomobile.com/2009/09/23...need-cash.html. I doubt they would be doing that if there were serious Nokia buy out negotiations going on.
Last edited by Rauha; 2009-09-23 at 17:15.