Fifteen years ago, the device that singlehandedly created the PDA market, and also probably did the most to start the e-book ball rolling, was the humble Palm Pilot. It was truly a marvel for its time—which is why it is so sad to see Palm floundering today, an also-ran in the smartphone market behind Apple and Android-powered devices. Palm’s stock prices hit a 52-week low on Friday after a lackluster earnings announcement, and analysts have downgraded their opinion of the stock to “sell”—with two analysts even lowering their price target to $0 (meaning that they think Palm’s stock prices will...