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-- Here we go Visor Users.... (http://discussion.visorcentral.com/vcforum/showthread.php?threadid=20940)


Posted by Drakion on 01-20-2002 04:29 AM:

Here we go Visor Users....

Look, im here to get EVERY Visor, young or old, tall or short, new user or old user, together to let Handspring know what us users are thinking and feeling.

Please post your comments towards WHAT WE WANT in a new handheld from our beloved Handspring. Hopefully, coming together on this one thread, will persuade Handspring to finally innovate in the Visor handheld product line.


Look Handspring, Treo looks great...even has me drooling, but what about another color Visor machine? Something slim, thats not innovation, something sleek, that isnt either, something with hi-res BEAUTIFUL screen, thats not innovation either, what about 16-32mb of ram, yeah you have the Pro with 16...but what if we would like more, how about soft grafitti, thats not new, what about mp3 playing, thats not new, what about multimedia capabilities, NOW THATS NEW! FAST PROCESSOR, GREAT SCREEN, MOVIE PLAYING = A HANDHELD WORTH SPENDING 400 BUCKS ON!
I now feel my Prism is getting old, even though i love it. Now that you guys tell us Treo is in and Visor is almost out, how am i saposed to feel? What about a Pocket PC machine? INNOVATION INNOVATION INNOVATION HANDSPRING! Thats whats going to empty my wallet.

'nuff said


Posted by purplemd on 01-20-2002 05:26 AM:

My next PDA...

I guess my next PDA will be:

a refurbished Visor Prism for $199 and...

a RAM upgrade to 16 MB for $119

STILL cheaper than the Prism was when it came out...only $318!


Posted by ashmed on 01-20-2002 06:51 AM:

Next PDA: (probably color Handera)

EXPANSION EXPANSION EXPANSION
Palm OS 4.1 or greater
Color
Outdoor viewability
High Res (collapsable graffiti is preferred)
Either built in or expandable to 802.11b
16MB or greater
Palm OS
Thin (At least thinner than my prism)

If the color handera comes along I'll probably forsake my Handspring ways completely and go that route. I never thought I'd come to this but HS lacks innovation. I don't even think the Treo is innovative. All they did was hard wire a visorphone with updated firmware into a small visor with a few extra applications and a flip cover. The springboard was innovation. This is not.

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Posted by Snowcap on 01-20-2002 10:13 PM:

Re: Here we go Visor Users....

quote:
Originally posted by Drakion
Look, im here to get EVERY Visor, young or old, tall or short, new user or old user, together to let Handspring know what us users are thinking and feeling.

Please post your comments towards WHAT WE WANT in a new handheld from our beloved Handspring. Hopefully, coming together on this one thread, will persuade Handspring to finally innovate in the Visor handheld product line.


I'm afraid its all over, and I'll give you ten million reasons why:

From 12/19/01:
Handspring today announced that QUALCOMM Incorporated (Nasdaq:QCOM - news) has separately agreed to make an investment of $10 million in Handspring to purchase 1,838,945 shares of Handspring's common stock directly from Handspring in a non-underwritten transaction also under the shelf registration.

Donna and Jeff have sold their independence. They now belong to Qualcomm and I believe that it is only a matter of time until Qualcomm makes it clear publicly that they are running the show. Actually, Donna's comments are, in my opinion, the first to be scripted by Qualcomm.

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Posted by septimus on 01-20-2002 10:38 PM:

Re: Re: Here we go Visor Users....

quote:
Originally posted by Snowcap
Donna and Jeff have sold their independence. They now belong to Qualcomm and I believe that it is only a matter of time until Qualcomm makes it clear publicly that they are running the show. Actually, Donna's comments are, in my opinion, the first to be scripted by Qualcomm.


small and struggling as HS, I don't think that they'd sell their soul for 10 mil, don't they have cash reserves in excess of 100? I can't say i have the foggiest idea of how corp finance works, but I think they aren't in danger of being aquired...


...that said, the idea that QC somehow had a hand in this decision (i.e. their money, though not buying influence, was contingent on a major new push in wireless...), is intriguing.....

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Posted by Snowcap on 01-21-2002 09:48 PM:

Re: Re: Re: Here we go Visor Users....

quote:
Originally posted by dietrichbohn


small and struggling as HS, I don't think that they'd sell their soul for 10 mil, don't they have cash reserves in excess of 100? I can't say i have the foggiest idea of how corp finance works, but I think they aren't in danger of being aquired...



I wish I followed everything going on carefully, but it is my recollection that HS had just about burned through their cash on hand, and Qualcomm was their white knight coming in with 10 million just in the nick of time.

It is my opinion that this announcement is a sudden turn, and the only thing that I can see influencing that is the Qualcomm investment in HS.

__________________
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Posted by srwdc1 on 01-21-2002 11:06 PM:

read the financial statements!

see the f/s on handspring.com

http://www.shareholder.com/handspri...ReleaseID=69651

Cash on hand 12/29/01: $105m ($87m at 6/30/01)

Note that . "We also strengthened our balance sheet with an additional $47 million in cash through a follow-on stock offering and an additional investment from QUALCOMM.� So almost half the cash was the stock sale and Qualcomm private placement

Net Loss Q4'01: $20m (cash loss would be lower).

At that rate, they have still several quarters of losses they can survive.

But Qualcomm would not put significant cash into a PDA company, they want the wireless play. Note, however, that total stockholder's equity is $152m, so Qualcomm's $10m is not that much. Still, QC may be one of the largest single shareholders (after Hawkins and Dubinsky)-- have to wait for the 10'Ks to find out for sure (or go to the SEC website and find HS's registrations at the time they placed that stock w/QC and others)

(btw, I'm a financial economist at an accounting firm, in case you haven't guessed)


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