Quote from Hedge22:
Good topic, but please post a little commentary with your picks.
Barnes & Noble - I just don't see them being around in a few years for a number of reasons. 1) more people are shifting towards buying physical books online through Amazon. 2) The Kindle/iPad will help shift books sales online, which Barnes will miss out on 3) even if people continue to want to buy physical books in person Walmart/Target/Sears has been in a price war selling $10 books. That means there isn't much of a compelling reason for consumers to use Barnes and Noble.
Sure, someone will bring up the Nook, but I dont see any way that it can compete with the Kindle and the iPad plus the slew of new tablet devices that will follow.
Palm - I have been short this stock for a while. The smart phone market is just too competitive and Palm doesn't offer anything special enough. Even if a smartphone has a new feature, it is at most a couple months ahead of the competition. Elevation Partners could prop this company up though, so I don't see it at zero anytime soon. There are also the constant buy out rumors to deal with.