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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject5/10/2001 10:54:47 AM
From: besttrader  Read Replies (1) of 37746
 
10:50 ET Research In Motion (RIMM) 29.40 -1.83 (-5.9%): Merrill Lynch comes away from Aether (AETH) conference call yesterday with the feeling that RIMM should hit its May numbers, but that August numbers ($82 mln in rev) could be at risk. AETH explicitly stated that it had enough RIM 957s to last the next several qtrs; firm concerned that Aug. qtr could be difficult to make if Aether completely shuts off as a channel, as the company's call suggested it might; key longer term issue is that some of RIMMs key reseller partners don't want to be in the low-margin, device reselling business.
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