Remember back in the day where the gadget to have for everyone that was anyone was a Palm Pilot? It’s hard to believe that devices from Palm once held the rock star status that is today reserved only for the BlackBerry and the iPhone.

Palm was so big that Palm Pilot almost became a generic term kind of like Xerox. It really didn’t matter what type of PDA you had, most people referred to it as a Palm Pilot.

It is kind of sad seeing where Palm has fallen to. 10 years ago they were on top of the world. Today their stock has been downgraded to sell and is sitting at $5.76. Research in Motion, on the other hand, moved into the top 5 of wireless handset manufacturers and opened up today at $137.50.