Published 1/8/2009
by Eric Savitz
at BARRONS.com: Tech Trader Daily
In a few minutes, we get to find out if there’s actually a realistic future for Palm (PALM).
The company is hold a press conference at the Consumer Electronics Show in Las Vegas to discuss (apparently) its long awaited new mobile OS, and perhaps some new smartphones. It just might a be bet the company moment for Palm, which has struggled with the flood of new smartphones from rivals like Apple , Research In Motion and many others. I’ll be blogging all the action live. Stand by. (Oh, and I’m going to switch back to my old style, new posts at the bottom, chronological live blogging style.)
11:00 Here’s executive chairman Jon Rubenstein , a former Apple exec. He says Fred Anderson and Roger McNamee of Elevation Partners sent Ed Colligan to visit him while Rubenstein was living in Mexico, to lure him to Palm to re-ignite innovation at Palm. Rubenstein said he agreed. Why? He says it was a great business opportunity, but also an incredible product opportunity. ...
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