3Com subsidiary Palm Computing is to launch a cut-price (ish) version of its Palm PDA, according to reports in today's Wall Street Journal. The Palm IIIe will come in at the bottom on the Palm range, below the IIIx and V, and replacing the 16-month-old Palm III. The IIIe will feature the improved display of more recently launched models. However, the WSJ said, it will lack memory expansion capabilities and the ability to upgrade the OS. The IIIe should ship in the US for $229. It won't replace the III immediately -- Palm will apparently stop making that model in the "next six months or so", according to the paper. That suggests Palm has rather a lot of them kicking around unsold, so a major price cut may be on the cards too. ®