Jesup and Lamont

Pre Sales May Be Slowing. Yes? Nooooooooo!

John Paczkowski in News on July 24, 2009 at 3:23 pm PT

Now this is just getting silly. Pali Research says sales of the Palm Pre are slowing. RBC’s Mike Abramsky says they aren’t and claims 325,000 to 375,000 have been sold to date, ahead of his expectations. Jesup and Lamont analyst Kevin Dede says the device is plagued by high exchange/return rates of potentially 40 percent. Abramsky says it’s more likely between two and three percent. Who’s right? Who cares?

Palm Valuation Not All It's Cracked Up to Be

John Paczkowski in News on July 20, 2009 at 12:22 pm PT

With Palm’s shares up more than 900 percent since January, two things are clear: Palm’s Pre and webOS operating system are nothing short of a triumph and the run-up in Palm shares is most likely a wee bit overdone. In a research note issued Monday, Jesup and Lamont analyst Kevin Dede says as much, arguing that the company’s shares are overvalued, particularly in light of Pre returns.

Palm Valuation Not All It’s Cracked Up to Be

John Paczkowski in News on July 20, 2009 at 12:22 pm PT

With Palm’s shares up more than 900 percent since January, two things are clear: Palm’s Pre and webOS operating system are nothing short of a triumph and the run-up in Palm shares is most likely a wee bit overdone. In a research note issued Monday, Jesup and Lamont analyst Kevin Dede says as much, arguing that the company’s shares are overvalued, particularly in light of Pre returns.