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Just attended the Palm shareholder meeting

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Old 06/25/2010, 12:17 PM   #21 (permalink)
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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?
Yep. The larger shareholders (likely a majority by themselves) likely already voted well in advance. So, the meeting was primarily to announce the results and then what it means.

Things are going to get VERY, VERY interesting soon.
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Old 06/25/2010, 12:18 PM   #22 (permalink)
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Originally Posted by cmilette View Post
says on twitter that it was just approved.
which twitter are you looking at the lat thing i see is 31 mins ago
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Old 06/25/2010, 12:18 PM   #23 (permalink)
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Originally Posted by jakerome View Post
HP wanted Palm to warn at the merger announcement so that the bad news was all out in the open.
What this mean exactly (spanish guy, so I can't get the exact meaning)?
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Old 06/25/2010, 12:19 PM   #24 (permalink)
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Anyone can make a Jakerome username...
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Old 06/25/2010, 12:24 PM   #25 (permalink)
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Anyone can make a Jakerome username...
I just googled the meeting and there is nothing. There's nothing on Palm's site either.
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Old 06/25/2010, 12:25 PM   #26 (permalink)
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Originally Posted by deCorvett View Post
What this mean exactly (spanish guy, so I can't get the exact meaning)?
I didn't get that either.
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Old 06/25/2010, 12:32 PM   #27 (permalink)
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Originally Posted by deCorvett View Post
What this mean exactly (spanish guy, so I can't get the exact meaning)?
If you remember, Palm warned Wall Street that their quarterly earning numbers were not going to be great. see this article: http://www.precentral.net/palm-updat...p-announcement

So, HP wanted Palm to make sure everyone was aware of these not-so-good numbers so that at the time of the actual acquisition, there were not surprises.
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Old 06/25/2010, 12:34 PM   #28 (permalink)
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So assuming the update in Fall which comes with releasing the APIs and improving the App Catalog is WebOS 2.0 (since Palm said no more updates after 1.4.5, I'll assume it is), I guess we can then expect at least the announcement of a new device at the same time, with leaks to start happening after the first week in July...
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Old 06/25/2010, 12:36 PM   #29 (permalink)
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So assuming the update in Fall which comes with releasing the APIs and improving the App Catalog is WebOS 2.0 (since Palm said no more updates after 1.4.5, I'll assume it is), I guess we can then expect at least the announcement of a new device at the same time, with leaks to start happening after the first week in July...
I think that's pretty much what's going to happen...
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Old 06/25/2010, 12:38 PM   #30 (permalink)
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Originally Posted by Audemars02 View Post
If you remember, Palm warned Wall Street that their quarterly earning numbers were not going to be great. see this article: http://www.precentral.net/palm-updat...p-announcement

So, HP wanted Palm to make sure everyone was aware of these not-so-good numbers so that at the time of the actual acquisition, there were not surprises.
Ah, ok. Thanks! But that (and now not reporting earns) makes me believe that real numbers probably are better than announced...
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Old 06/25/2010, 12:40 PM   #31 (permalink)
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Anyone can make a Jakerome username...
Yes, but nobody can manufacture 165 posts, including one about being a shareholder that was posted in February.
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Old 06/25/2010, 12:43 PM   #32 (permalink)
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Yes, but nobody can manufacture 165 posts, including one about being a shareholder that was posted in February.
pshhh yes they can.
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Old 06/25/2010, 12:47 PM   #33 (permalink)
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Originally Posted by Reign25 View Post
pshhh yes they can.
Edit: My cynicism got in the way of my sarcasm detection abilities.
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Old 06/25/2010, 12:48 PM   #34 (permalink)
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I just want some more confirmation. That's all. RUBY! Where are you at!
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Old 06/25/2010, 12:48 PM   #35 (permalink)
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Well, I wasn't aware someone could manipulate the forum that way. I guess we'll just have to wait and see.
lol it was sarcasm bro.
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Old 06/25/2010, 12:49 PM   #36 (permalink)
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lol it was sarcasm bro.
Oh. My bad...
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Old 06/25/2010, 01:01 PM   #37 (permalink)
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First week of July?!!!
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Old 06/25/2010, 01:03 PM   #38 (permalink)
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There was definitely a meeting today. Here is their filing:
Dear Stockholder:

The Board of Directors of Palm, Inc. has unanimously approved a merger agreement providing for Palm to be acquired by Hewlett-Packard Company. You are cordially invited to attend a special meeting of Palm stockholders to be held at 9:00 a.m., local time, on June 25, 2010, at the offices of Palm, Inc. at 950 W. Maude Avenue, Sunnyvale, California 94085.


Palm, Inc. - Definitive Proxy Statement
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Old 06/25/2010, 01:10 PM   #39 (permalink)
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I was one of the other 6 or so shareholders at the 5 minute meeting and chatted with Teri Klein (Palm head of IR), along with jakerome. I can confirm that both Teri and jake exist. Teri was excited about future products and said that loyal Palm fans will be rewarded, but she was clearly speaking in general terms and in fact, denied having seen these products herself.
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Old 06/25/2010, 01:14 PM   #40 (permalink)
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Originally Posted by sbono13 View Post
Teri was excited about future products and said that loyal Palm fans will be rewarded, but she was clearly speaking in general terms and in fact, denied having seen these products herself.
That tells you how strict and secure Palm is with their next-gen devices and roadmap.
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