Handspring

(HAND)

, down 7.4% in early trading, rebounded and touched a 52-week high of $97.13. It was up 17.9% in late trading. The company

reported a loss of 8 cents a share for its first quarter, topping the Street's estimate of a 12 cent loss and the year-ago 13 cent figure. Rival

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Palm

(PALM)

was up 6.8%.