Assumption: You have remote performance monitor installed and running (this will be the topic of another blog post, or you can review the references at the end of this article).
Garbage Collector
Memory Usage
How can I make my app faster?
I would suggest reading the post referenced below published by the MS Compact Framework team. I've seen it copied almost word for word at several places, so I'm not going to do that here. There is also an entire section in MSDN on Compact Framework Performance (see references below).
References:
Disclaimer The opinions expressed herein are my own personal opinions and do not represent my employer's view in any way.