Is this legal?

[bacterium]

Sorry if I started a fuss!

Thanks for the replies. I was envisioning a scenario where the player loses control of the dribble before going out of bounds, so I guess it's legal.

I guess the reason that it is NOT legal in the NBA is so that the official doesn't have to make a judgement call as to whether or not the player INTENTIONALLY went out of bounds or intentially lost his dribble.