Centro/ Treo Pro sales from Palm will be almost non existent in the November quarter, as remaining inventory is sold off and not replaced. Palm Pre sales will also be lower than the previous quarter. The one addition for the quarter is the initial Pixi sell in. Pixi margins should be much higher than Centro margins were which is a modest plus. But I think you are guilty of wishful thinking, if you think Palm is going to do better this quarter than last.

What matters most at the December CC is how positive Palm is during the call about the upcoming February quarter. If they are willing to go out on a limb and say this is what we expect to make, and the numbers are still in the area that they previously predicted, Palm should do well following the conference call. If they start hedging what the upcoming results will be, then we probably have another problem.

I also don't like your Goldman scenario. The sell off was caused by concern of the Android introductions of phones and how it would affect Palm sales. That still remains to be seen, but no way does Goldman tell funds to buy at 15 and then load up at 11. Why buy at $16 in that case?

The one potential plus for the November quarter is that Palm may not have included Pixi in their November quarter, because of the potential that they might not be able to release the Pixi during the quarter. If that is the case, then Pixi revenues would allow Palm to beat their previous estimate handily. But it isn't clear whether Palm included or didn't include initial Pixi sales in the November quarter.