It must be great being an S&P analyst. You can spend 10 minutes reading some Google search results, then take all the facts out of context and write complete nonsense, then collect a fat paycheck. Nice work if you can get it.
This article is riddled with errors. For example, it says that Palmreader uses Mobipocket format. Huh? Then it implies that the kindle was actually released in October, when it clearly has not been, by quoting from a long out of date NY Times article (probably came up first on that 10 minutes of google research.)
It also says the old Gemstar/Rocket devices had poor battery life, stating that the batteries would be ok for reading "comics" and not "war and peace". But the Gemstar devices had 15 hours battery life if you didn't crank the backlight too high, which is probably about enough to read "war and peace".
It says that cheap paper-flexible lcds are avaialble now. Huh? Where? Only in the lab or tradeshow demos, and certainly not "cheap".
No wonder the stock market booms and busts with bafoons like this reporter writing the "analysis" that people use to invest their money.