Smart phone rivals and other technology companies looking to diversify their businesses are among those being fingered as likely bidders for Palm Inc.
Shares of the Sunnyvale, Calif.-based company, maker of the popular Treo line of phones, fell 9.8 percent to close at $16.50 after climbing to an eight-month high of $18.08 on Friday amid reports that Morgan Stanley was advising Palm on its strategic options, including a sale.
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