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Just attended the Palm shareholder meeting
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Old 06/25/2010, 10:57 AM   #1 (permalink)
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What time is the stockholder vote that will allow Palm to be sold to HP?
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Old 06/25/2010, 11:41 AM   #2 (permalink)
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9am Pacific, 12 Eastern (aka right now)
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Old 06/25/2010, 12:00 PM   #3 (permalink)
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arrived at the shareholder meeting at 9:10 this morning. At that point the meeting was already over. Talking with Teri after we learned:

There will be no earnings report this quarter.
There are great new products on the way.
Rubenstein will lead the new H/Palm smartphone/mobility unit which will absrob the iPaq division.
the deal is expected to close the first week of July.
HP wanted Palm to warn at the merger announcement so that the bad news was all out in the open.
Verizon ordered nearly 1 million phones, and essentially didn't order any this quarter.
AT&T launch has gone better than Verizon, as the staff is much better trained.
Sell-through overall has improved this quarter but still isn't quite where they want it.
we should expect great new products, and Teri was especially enthusiastic about the launch of webOS 2.0 and new hardware to go with it, but she didn't offer any details.
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Old 06/25/2010, 12:03 PM   #4 (permalink)
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Anyone have any news of the outcome?
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Old 06/25/2010, 12:07 PM   #5 (permalink)
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I just drank two Palm beers...
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Old 06/25/2010, 12:08 PM   #6 (permalink)
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I wasn't there, but this was just posted, so I am linking it here...

http://forums.precentral.net/palm-pr...ml#post2524249
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Old 06/25/2010, 12:08 PM   #7 (permalink)
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now announce next Pre
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Old 06/25/2010, 12:09 PM   #8 (permalink)
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Great news!
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Old 06/25/2010, 12:10 PM   #9 (permalink)
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Quote:
Originally Posted by magistus View Post
Anyone have any news of the outcome?
Things like these are usually just formalities. You don't need to put your lunch on hold for it.
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Old 06/25/2010, 12:11 PM   #10 (permalink)
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woo WebOS 2.0. This makes me really happy.
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Old 06/25/2010, 12:11 PM   #11 (permalink)
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Poidh I have a hard time believing that the Meeting only took less then 10 mins. specially when i though a vote was happening
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Old 06/25/2010, 12:12 PM   #12 (permalink)
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thanks for the update, you should tip precentral about it!
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Old 06/25/2010, 12:12 PM   #13 (permalink)
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Closing the first week of July? That's HUGE news! And incredibly exciting.
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Old 06/25/2010, 12:13 PM   #14 (permalink)
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And here I thought we were gonna get 1.5. Now it will be 2.0.

Need to get to work on apps for tablets too.
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Old 06/25/2010, 12:13 PM   #15 (permalink)
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Sweet now someone bust out Mr. Blurrycam!
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Old 06/25/2010, 12:14 PM   #16 (permalink)
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the link given says the meeting took 10 mins... can a vote take that short of time plus all the info?
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Old 06/25/2010, 12:15 PM   #17 (permalink)
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Yeah Prove It ! 2010 I Hardly Believe Anything Over The Web!
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Old 06/25/2010, 12:16 PM   #18 (permalink)
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says on twitter that it was just approved.
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Old 06/25/2010, 12:17 PM   #19 (permalink)
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Quote:
Originally Posted by Major Payne View Post
the link given says the meeting took 10 mins... can a vote take that short of time plus all the info?
It takes me longer to go to the bathroom.
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Old 06/25/2010, 12:17 PM   #20 (permalink)
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Quote:
Originally Posted by OneDeep View Post
Yeah Prove It ! 2010 I Hardly Believe Anything Over The Web!


Jakerome has a pedigree on these forums as a professed stock holder, and has written about it for a while.

http://forums.precentral.net/palm-ge...r-palm-ir.html

I have no reason to believe he wasn't there.


edit, when i say no reason, I am leaving out the fact that its the internet, but jakerome does have a long history on the forums and dosn't seem to have been one of those playful "flash is here!, gotcha!" people. that and he has specifics, gave a timeframe that a poser would have thought too short, but in reality is probably correct, and he dosn't have much to gain otherwise.
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Last edited by windzilla; 06/25/2010 at 12:32 PM.
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