The latest post over on the Official Palm Blog is a message to Palm customers, partners, and developers from Palm CEO, Ed Colligan, saying that he has decided not to stick the last nail in the Palm coffin to cancel the Foleo mobile companion product in its current configuration.
To make a long story short, Palm needs to focus on making Treos and its development platform only. The Foleo, a laptop sized, full QWERTY keyboarded, laptop like device that is not intended to replace your laptop, is developed on a different platform from the mobile devices it is supposed to be a companion to.