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Palm reading: Why are Palm's shares falling?

After soaring yesterday, its first day of public trading, the handheld maker and 3Com spinoff falls back to earth.

CNET News staff
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CNET News staff
 
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After soaring yesterday, its first day of public trading, the handheld maker and 3Com spinoff falls back to earth.

"The question is, where does it go from here?"

- Richard Peterson, IPO analyst, Thomson Financial Securities Data

 
Investors washing their hands of Palm
A huge market capitalization and high price-to-revenues ratio are among the factors making some investors nervous.

Palm drops after blockbuster first day
update Shares in the handheld Photograph computer maker fall after its stock soared to more than $160 in the first day of public trading for the 3Com spinoff.

Former Apple execs seed Palm
If Palm needs someone to thank for its blockbuster IPO, one possible candidate is Apple Computer.

Investors may wait for Palm riches
Palm is set to launch a highly anticipated public offering, but it's not clear when individual investors and company executives will profit from the stock sale.

Palm division hit with patent suit
update 3Com's Palm division may have hit a bump on its road to tomorrow's initial public offering in the form of an ill-timed patent infringement lawsuit.

Palm IPO price doubles as demand grows
update In a sign of high demand for shares, Palm more than doubles its projected selling price and now aims to raise more than $819 million.

previous coverage
Analysts eye strategy as IPO looms
The 3Com spin-off, set to go public this week in one of the most-anticipated recent offerings, could face a tough road ahead as well-heeled competitors close in.