"There's not a lot out there that's selling ... below
RIM's PEG," notes Fickes. But a similar case based on valuation could be made for Palm, especially after Friday selloff. The company's shares are trading at just 16 times current year earnings, giving it a PEG ratio of about 1 if you factor give it just a 15% annual growth rate. But Palm didn't get the benefit of the doubt on Friday, no matter how similar its report might have been to RIM's.