With iPhone 3.0 software and possibly new Apple iPhone hardware coming this summer, Palm investors may be feeling a bit queezy. That #@$! explicative you just heard was Bono chatting with Roger ”what’s a quiet period?” McNamee … Bono and McNamee are major investors in Elevation Partners who pumped $425 million into Palm to develop the Pre. Earlier this week, McNamee boasted about Palm Pre’s performance during a time (within 10 days of a Palm stock offering) when all parties to the deal generally shut up. I have to wonder if the Palm underwriter (Morgan Stanley) was concerned that McNamee might have violated SEC rules by popping off to Bloomberg?
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