Gypsy Rose Morgan StanLey crosses Palm with silver

MORGAN STANLEY is taking an active interest in helping Palm decide its future, a report in today's Wall Street Journal notes.

But Palm representatives refused to comment on the report that Gypsy Morgan Rose Stanley is exploring PE investments, an outright sale, or helping it to buy another company.

Reports surfaced late last week that Nokia and Palm were cosying up - that caused its shares to rise by $1.81. Relatively cash rich Palm faces intense competition from the mobile world+dog. µ

L'INQ
Wall Street Journal