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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject3/19/2001 4:12:23 PM
From: besttrader  Read Replies (2) of 37746
 
Hey guys and gals...Want to laugh your heads off??? Read this!!...
13:01 ET Research In Motion (RIMM) 25.05 -1.14 (-4.4%): Banc of America Sec. feels that recent selloff creates an excellent buying opportunity. Expects RIMM to report strong Feb. results and issue a solid outlook on April 11. Notes that initial checks with the reseller channel indicate no evidence of a slowdown... USB Piper Jaffray not as positive. This morning, firm downgraded to BUY from STRONG BUY and reduced FY02 earnings forecast to $0.23 from $0.38 (mean $0.33). ---

Uhhhhh...P/E of 523? (If yahoo's P/E's are correct).
Bank of America (i.e. Evil bastards) must want out BAD!!!
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