If PALM fetched 5.70 per share when it was on the verge of losing everything . . . then the worst case scenario for Sprint - assuming they were on the brink of losing everything which is NOT the case but which some love to claim - then what is a cash price per share worth in a buy out? The value of the spectrum and infrastructure is alot more than Palm's operating system. So at these levels it is a no brainer worst case scenario play to me.