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Jim Waggoner  - We initiated coverage and with a buy recommendation quite recently, the other day, on Palm ( PALM : Research , Estimates ). The hand-held device market is the hottest area for Christmas along with digital cameras and a few other areas. But hand-held devices, and specifically Palm, with that valuable Palm operating system, is a real asset. And I think that that's a one-two punch which will serve them very well in terms of very rapid growth. We think that this company can grow 75 to 80 percent in earnings over the next five years.

We initiated coverage and with a buy recommendation quite recently, the other day, on Palm ( PALM : Research , Estimates ). The hand-held device market is the hottest area for Christmas along with digital cameras and a few other areas. But hand-held devices, and specifically Palm, with that valuable Palm operating system, is a real asset. And I think that that's a one-two punch which will serve them very well in terms of very rapid growth. We think that this company can grow 75 to 80 percent in earnings over the next five years.

Jim Waggoner
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