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Handspring plans next week to trim $100 off the price of its lone color-screen model, the Visor Prism

With the price reduction, the Prism drops from $399 to $299. The color handheld was introduced in October of last year.
The move is the latest in a series of price cuts from Handspring and its rivals amid slow demand for handhelds.
Last month, for example, Palm cut the price of its high-end black-and-white model, the m500, by $70 to $329. In August, Handspring slashed the price of its slow-selling Visor Edge by $100 to $299.
Handspring also announced on Tuesday a promotion called Module Madness in which 10 of its developers are offering a 20 percent instant rebate on about two dozen add-on Springboard modules. That promotion, offered through online handheld retailer PalmGear.com, is slated to last until Nov. 6.
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