TSC Ratings provides exclusive stock, ETF and mutual fund ratings and commentary based on award-winning, proprietary tools. Its "safety first" approach to investing aims to reduce risk while seeking solid outperformance on a total return basis.
At the height of the 2000 tech bubble, Palm(PALM Quote) looked unstoppable. Its shares topped $95 and its flagship Palm Pilots became synonymous with digital handheld organizers.
The company has since fallen on hard times. Palm has suffered through two years of quarterly losses and is quickly burning through its cash reserves. The company's debt outstrips its assets, and analysts expect quarterly losses to continue through 2010. A $425 million investment by Elevation Partners, a private equity shop that counts U2 frontman Bono among its partners, has kept the firm limping along.
...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,452.68 | 1,109.24 | 2,185.03 | 33.23 |
Oil *
77.73
|
|
DOWN
18.90
|
UP
0.38
|
UP
9.22
|
UP
0.48
|
10 Yr
3.32%
SPDR Gold
119.18
|
|
-0.18%
|
+0.03%
|
+0.42%
|
+1.47%
|
Data delayed 20 minutes |
Connect with TheStreet