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Technology Stocks : Research In Motion TSE RIM Nasdaq RIMM

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To: C David White who wrote (146)7/2/1999 10:53:00 AM
From: Garry O'krafka  Read Replies (1) of 989
 

Research in Motion stocks purchased by Fidelity

Research in Motion Ltd RIM
Shares issued 62,165,317 Jun 30 close $29.55
Fri 2 Jul 99 News Release
Mr. Christopher Roblee reports
Fidelity Management & Research Co. has declared that certain open-end
investment companies, of which it serves as investment manager, have in
public transactions purchased Research in Motion Ltd. common stock. The
common stock purchased, together with previously acquired shares,
represents 10 per cent of the issued shares of such class.
Fidelity fund purchases have been made for investment; the Fidelity funds
may, subject to market conditions, make additional investments in or
dispositions of securities of Research in Motion in the future. FMR does
not, however, intend to acquire 20 per cent of any class of the outstanding
voting or equity securities of Research in Motion Ltd.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
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