Handspring announced that it has lowered its <A HREF="http://news.cnet.com/news/0-1006-200-1980511.html?tag=st.ne.1002.thed.ni">initial public offering range</A> to to between $17 and $19 from between $19 and $22. News.com reports that will make about $166.8 million if the shares are sold for $18 each.