1 posts and columns on capital position

Palm: We’re Desperate, Get Used to It

in News on March 9, 2009 at 9:33 am PT

With no more than $220 million in cash on hand, Palm’s working capital position is…how can I put this delicately…abysmal. So news that the company is remarketing a bit of stock to keep itself afloat shouldn’t come as a surprise.
superpre_thumb