That news, along with the revelation that Palm sold less than half of the handhelds it shipped to carriers during the third quarter, led many analysts to downgrade the stock and cut their price targets. According to a Reuters article , Kaufman Bros analyst Shaw Wu wrote in a research note that Palm's webOS "has some value," but he is "unsure of the company's prospects as an ongoing concern. Canaccord Adams analyst Peter Misek chimed in to say: "We no longer see any value in the company's common equity.". Both analysts downgraded the stock to "sell." 
Share:  That news, along with the revelation that <span class="company">Palm</span> sold less than half of the handhelds it shipped to carriers during the third quarter, led many analysts to downgrade the stock and cut their price targets.<span class="sent"> According to a Reuters article , Kaufman Bros analyst Shaw Wu wrote in a research note that <span class="company">Palm</span>'s webOS "has some value," but he is "unsure of the company's prospects as an ongoing concern. Canaccord Adams analyst <span class="analyst">Peter Misek</span> chimed in to say: "We no longer see any value in the company's common equity.".</span> Both analysts downgraded the stock to "sell." Tweet this 

Palm has a critically acclaimed WebOS and interface that it can hang its hat on, but the sales have been lackluster and are tailing off rapidly. The analysts at Canaccord Adams have heard enough and actually lowered their price target on Palm from $4 to $0, and clearly have a Sell rating on shares. In a note, technology analyst Peter Misek supported his bearish case,. "We believe Palm's troubles will only accelerate as carriers and suppliers increasingly question the company's solvency and withdraw their support…With what appears to be roughly 12 months of cash on hand, an accelerating burn rate, a complete lack of earnings visibility, and substantial debt and preferred equity, we no longer see any value in the company's common equity.". 
Share:  <span class="company">Palm</span> has a critically acclaimed WebOS and interface that it can hang its hat on, but the sales have been lackluster and are tailing off rapidly. The analysts at Canaccord Adams have heard enough and actually lowered their price target on <span class="company">Palm</span> from $4 to $0, and clearly have a Sell rating on shares.<span class="sent"> In a note, technology analyst <span class="analyst">Peter Misek</span> supported his bearish case,. "We believe <span class="company">Palm</span>'s troubles will only accelerate as carriers and suppliers increasingly question the company's solvency and withdraw their support…With what appears to be roughly 12 months of cash on hand, an accelerating burn rate, a complete lack of earnings visibility, and substantial debt and preferred equity, we no longer see any value in the company's common equity.".</span>...<span class="company">Palm</span> has a critically acclaimed WebOS and interface that it can hang its hat on, but the sales have been lackluster and are tailing off rapidly. The analysts at Canaccord Adams have heard enough and actually lowered their price target on <span class="company">Palm</span> from $4 to $0, and clearly have a Sell rating on shares.<span class="sent"> In a note, technology analyst <span class="analyst">Peter Misek</span> supported his bearish case,. "We believe <span class="company">Palm</span>'s troubles will only accelerate as carriers and suppliers increasingly question the company's solvency and withdraw their support…With what ap Tweet this 

The stock has cliff dived as a result. From Dow Jones' Shara Tibken: The latest forecast and smart phone sales data from Palm Inc (PALM) raised serious concerns Friday about the company's viability, helping send shares to new 52 week lows. Everyone knew the smart phone maker's fiscal third quarter was going to be rough after the company preannounced results last month, but its final results–with a warning of significantly lower revenue in the current quarter on disappointing sales of its latest smart phone–raised further questions about the company's future. "The death spiral is accelerating," Morgan Joseph analyst Ilya Grozovsky said in cutting his rating on the stock to sell and saying he's doubtful about Palm's survival. He also slashed his price target to $0, as did Canaccord Adams analyst Peter Misek. 
Share:  The stock has cliff dived as a result. From Dow Jones' Shara Tibken: The latest forecast and smart phone sales data from Palm Inc (<span class="company">PALM</span>) raised serious concerns Friday about the company's viability, helping send shares to new 52 week lows. Everyone knew the smart phone maker's fiscal third quarter was going to be rough after the company preannounced results last month, but its final results–with a warning of significantly lower revenue in the current quarter on disappointing sales of its latest smart phone–raised further questions about the company's future.<span class="sent"> "The death spiral is accelerating," Morgan Joseph analyst Ilya Grozovsky said in cutting his rating on the stock to sell and saying he's doubtful about Palm's survival. He also slashed his price target to $0, as did Canaccord Adams analyst <span class="analyst">Peter Misek</span>.</span>...Everyone knew the smart phone maker's fiscal third quarter was going to be rough after the company preannounced results last month, but its final results–with a warning of significantly lower revenue in the current quarter on disappointing sales of its latest smart phone–raised further questions about the company's future. "The death spiral is accelerating," Morgan Joseph analyst Ilya Grozovsky said in cutting his rating on the stock to sell and saying he's doubtful about <span class="company">Palm</span>'s survival.<span class="sent"> He also slashed his price target to $0, as did Canaccord Adams analyst <span class="analyst">Peter Misek</span>. <span class="company">Palm</span> shares wer Tweet this 

Are Palm's shares worthless? According to Canaccord Adams analyst Peter Misek, Palm's shares are worthless. This is surprising for a company whose stock was the darling of Wall Street a few months ago. Shares were trading at north of $15 just this past year 
Share:  Are <span class="company">Palm</span>'s shares worthless?<span class="sent"> According to Canaccord Adams analyst <span class="analyst">Peter Misek</span>, <span class="company">Palm</span>'s shares are worthless. This is surprising for a company whose stock was the darling of Wall Street a few months ago.</span> Shares were trading at north of $15 just this past year....Are <span class="company">Palm</span>'s shares worthless?<span class="sent"> According to Canaccord Adams analyst <span class="analyst">Peter Misek</span>, <span class="company">Palm</span>'s shares are worthless. This is surprising for a company whose stock was the darling of Wall Street a few months ago.</span> Shares were trading at north of $15 just this past year. Tweet this 

Canaccord Adams analyst Peter Misek who also lowered Palm's price target to $0 Friday, wrote in a report that "Palm's troubles will only accelerate as carriers and suppliers increasingly question the company's solvency and withdraw their support.". Misek added that he thinks Palm's current cash level can only keep the company afloat for about another 12 months. 
Share:  <span class="sent">Canaccord Adams analyst <span class="analyst">Peter Misek</span> who also lowered <span class="company">Palm</span>'s price target to $0 Friday, wrote in a report that "<span class="company">Palm</span>'s troubles will only accelerate as carriers and suppliers increasingly question the company's solvency and withdraw their support.". Misek added that he thinks <span class="company">Palm</span>'s current cash level can only keep the company afloat for about another 12 months.</span> Tweet this 

"While we believe Palm has some value with its webOS (phone operating software platform)…we are unsure of the company's prospects as an ongoing concern," he said in a client note. Four analysts tracked by Thomson One data now rank the stock at "sell" or "underperform", and 9 others rate the stock at "hold." Canaccord Adams analyst Peter Misek, who has a "sell" rating, said Palm's troubles will likely accelerate as its partners question the company's solvency and withdraw their support. "With what appears to be roughly 12 months of cash on hand, an accelerating burn rate, a complete lack of earnings visibility, and substantial debt and preferred equity, we no longer see any value in the company's common equity," he said in a note. Palm has been the subject of chatter that it might be an acquisition target, with Microsoft Corp, Nokia and Dell Inc often mentioned as potential suitors. 
Share:  "While we believe <span class="company">Palm</span> has some value with its webOS (phone operating software platform)…we are unsure of the company's prospects as an ongoing concern," he said in a client note.<span class="sent"> Four analysts tracked by Thomson One data now rank the stock at "sell" or "underperform", and 9 others rate the stock at "hold." Canaccord Adams analyst <span class="analyst">Peter Misek</span>, who has a "sell" rating, said <span class="company">Palm</span>'s troubles will likely accelerate as its partners question the company's solvency and withdraw their support.</span> "With what appears to be roughly 12 months of cash on hand, an accelerating burn rate, a complete lack of earnings visibility, and substantial debt and preferred equity, we no longer see any value in the company's common equity," he said in a note. <span class="company">Palm</span> has been the subject of chatter that it might be an acquisition target, with Microsoft Corp, Nokia and Dell Inc often mentioned as potential suitors. Tweet this 

It sees fourth quarter revenue of less than $150 million, one half of the $306 million expected by analysts surveyed by Thomson Reuters I/B/E/S. As a result, several analysts cut their price targets for Palm shares, and Kaufman Bros analyst Shaw Wu cut his rating on the shares to "sell" from "hold". "While we believe Palm has some value with its webOS (phone operating software platform)..e are unsure of the company's prospects as an ongoing concern," he said in a client note. Four analysts tracked by Thomson One data now rank the stock at "sell" or "underperform", and 9 others rate the stock at "hold.". Canaccord Adams analyst Peter Misek, who has a "sell" rating, said Palm's troubles will likely accelerate as its partners question the company's solvency and withdraw their support. 
Share:  It sees fourth quarter revenue of less than $150 million, one half of the $306 million expected by analysts surveyed by Thomson Reuters I/B/E/S. As a result, several analysts cut their price targets for <span class="company">Palm</span> shares, and Kaufman Bros analyst Shaw Wu cut his rating on the shares to "sell" from "hold". "While we believe <span class="company">Palm</span> has some value with its webOS (phone operating software platform)..e are unsure of the company's prospects as an ongoing concern," he said in a client note. Four analysts tracked by Thomson One data now rank the stock at "sell" or "underperform", and 9 others rate the stock at "hold.".<span class="sent"> Canaccord Adams analyst <span class="analyst">Peter Misek</span>, who has a "sell" rating, said <span class="company">Palm</span>'s troubles will likely accelerate as its partners question the company's solvency and withdraw their support.</span>...As a result, several analysts cut their price targets for <span class="company">Palm</span> shares, and Kaufman Bros analyst Shaw Wu cut his rating on the shares to "sell" from "hold". "While we believe <span class="company">Palm</span> has some value with its webOS (phone operating software platform)..e are unsure of the company's prospects as an ongoing concern," he said in a client note. Four analysts tracked by Thomson One data now rank the stock at "sell" or "underperform", and 9 others rate the stock at "hold.".<span class="sent"> Canaccord Adams analyst <span class="analyst">Peter Misek</span>, who has a "sell" rating, said <span class="c Tweet this 

Remarking on Palm's (PALM) gruesome third quarter during an earnings call yesterday, CEO Jon Rubinstein called the company performance "extremely disappointing to me personally." And that sentiment seems to be widely shared — among investors who are dragging the company's shares through the mud today (at $4.66 PALM is down 17.52 percent as I write this), and among analysts questioning whether Palm can ever pull off the turnaround for which it's striving. A handful of research notes on the company were issued this morning and they are, to a one, viciously negative. The headlines: Palm's brand value has collapsed; its financial performance is a disaster; and its execution missteps in a business as competitive as the mobile market have left its future prospects dubious. Over at Canaccord Adams, Peter Misek essentially threw in the towel on the company: "We believe that Palm's troubles will only accelerate as carriers and suppliers increasingly question the company's solvency and withdraw their support," he wrote. 
Share:  Remarking on Palm's (<span class="company">PALM</span>) gruesome third quarter during an earnings call yesterday, CEO Jon Rubinstein called the company performance "extremely disappointing to me personally." And that sentiment seems to be widely shared — among investors who are dragging the company's shares through the mud today (at $4.66 <span class="company">PALM</span> is down 17.52 percent as I write this), and among analysts questioning whether Palm can ever pull off the turnaround for which it's striving. A handful of research notes on the company were issued this morning and they are, to a one, viciously negative. The headlines: Palm's brand value has collapsed; its financial performance is a disaster; and its execution missteps in a business as competitive as the mobile market have left its future prospects dubious.<span class="sent"> Over at Canaccord Adams, <span class="analyst">Peter Misek</span> essentially threw in the towel on the company: "We believe that Palm's troubles will only accelerate as carriers and suppliers increasingly question the company's solvency and withdraw their support," he wrote.</span>...A handful of research notes on the company were issued this morning and they are, to a one, viciously negative. The headlines: <span class="company">Palm</span>'s brand value has collapsed; its financial performance is a disaster; and its execution missteps in a business as competitive as the mobile market have left its future prospects dubious.<span class="sent"> Over at Canaccord Adams, <span class="analyst">Peter Mise Tweet this 

And now it seems Wall Street is beginning to pile on," Goldman writes. "Peter Misek, the wireless analyst at Canaccord Adams who nailed Palm's latest problems with a note on February 24, just a day before Palm issued its earnings warning, is at it again with a dire report Tuesday detailing new and troubling issues facing this company. 
Share:  And now it seems Wall Street is beginning to pile on," Goldman writes.<span class="sent"> "<span class="analyst">Peter Misek</span>, the wireless analyst at Canaccord Adams who nailed <span class="company">Palm</span>'s latest problems with a note on February 24, just a day before <span class="company">Palm</span> issued its earnings warning, is at it again with a dire report Tuesday detailing new and troubling issues facing this company.</span>...<span class="sent">"<span class="analyst">Peter Misek</span>, the wireless analyst at Canaccord Adams who nailed <span class="company">Palm</span>'s latest problems with a note on February 24, just a day before <span class="company">Palm</span> issued its earnings warning, is at it again with a dire report Tuesday detailing new and troubling issues facing this company.</span> He's cutting estimates again thanks to information he's received that <span class="company">Palm</span>'s potential relationship with AT&T is souring. Tweet this 

The company did not specify why the tablet is not coming out until April, and Apple spokeswoman Natalie Harrison would not elaborate. However, Canaccord Adams analyst Peter Misek had said this week that Apple might have to delay or limit the size of the launch because of an "unspecified production problem." 
Share:  The company did not specify why the tablet is not coming out until April, and <span class="company">Apple</span> spokeswoman Natalie Harrison would not elaborate.<span class="sent"> However, Canaccord Adams analyst <span class="analyst">Peter Misek</span> had said this week that <span class="company">Apple</span> might have to delay or limit the size of the launch because of an "unspecified production problem."</span>...The company did not specify why the tablet is not coming out until April, and <span class="company">Apple</span> spokeswoman Natalie Harrison would not elaborate.<span class="sent"> However, Canaccord Adams analyst <span class="analyst">Peter Misek</span> had said this week that <span class="company">Apple</span> might have to delay or limit the size of the launch because of an "unspecified production problem."</span>...<span class="sent">However, Canaccord Adams analyst <span class="analyst">Peter Misek</span> had said this week that <span class="company">Apple</span> might have to delay or limit the size of the launch because of an "unspecified production problem."</span> Misek said <span class="company">Apple</span>'s Taiwan based supplier, Hon Hai Precision, could be facing a production bottleneck or a shortage of components. Misek said Friday he couldn't elaborate on the production problem. He said <span class="company">Apple</span> was taking "a very intelligent approach" by allocating more units to the U. S., <span class="company">Apple</span>'s biggest market, while delaying overseas a Tweet this