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Technology Stocks : Research In Motion TSE RIM Nasdaq RIMM

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From: X-Ray Man	6/3/2008 10:02:33 AM
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OK, I increased my short position yesterday. Don't see how the upcoming Apple announcements for its G3 iPhone aren't going to be a negative for RIMM. I don't think it is built into the price yet. The last of the majors have announced buy ratings for RIMM post facto, but the short position is increasing. Generally, trading in line with the DJIA. This all suggests we could be at a start of a correction in valuation, with the next major growth in share price requiring another beating of earnings estimates.

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