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Originally Posted by BobR
SNIP
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Well, BobR, can you explain/rationalize/apologize for this:
http://news.moneycentral.msn.com/tic...Symbol=US:PLMO
"Analysts questioned Colligan about whether he was worried about the recent missteps of PalmSource. PalmOne's sister company, PalmSource sells the Palm OS operating system which most of palmOne's products run on. On Wednesday, PalmSource announced that it plans to reorganize its sales, marketing and product development and cut its U.S. full-time work force by about 16 percent. PalmSource also forecast a first-quarter loss on Thursday.
"We're tracking that development closely," Colligan said. "We are working to make sure that platform carries forward. If things deteriorated more we would have to take action."
Colligan added that palmOne is prepared should it have to move to a new operating system.
"There are a number of suppliers that we could leverage," Colligan said."
Yikes!