Friday, September 18, 2009

Palm Rubinsteins Trifecta?

Palm (Palm) continued with the controversy. Lots of buzz about the Pre. The Pixie reminds me of the old IBM Peanut. They have started again with the guidance which is secret code that management thinks things will be better soon.

But the most interesting management tell was this comment in the conference call transcripts attributable to Jonathan J. Rubinstein Chairman of the Board and CEO:

“We successfully launched a technological trifecta that was years in the making.”

The Chairman and CEO is actually using gambling terminology to describe their business plan. I know technology is a risk but give me a break. Did we really see inside this guy’s head and find a casino?