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Technology Stocks : Research In Motion TSE RIM Nasdaq RIMM

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To: SJS who wrote (184)	8/4/1999 5:55:00 PM
From: Sans Souci	Read Replies (1) of 989

SJS: IMO, there's nothing cooking, but rather some rather stiff profit-taking. Obviously, the Sprott call was not a major factor, esp. since it was published way after the fact. Even with the recent drop, we're still doing exceptionally well holding RIM. For example, up 80% from only 3 months ago and up over 4 times from 12 months ago. Looking around at many of the techs -- esp. Canadian techs -- today and the last few days have not been kind at all. Once market conditions improve, margin calls get cleared out, etc., I'd expect that RIM will continue its macro move in the upward direction. I still see RIM cracking US$30 and making new highs within a year, which would be up 65% or more from today's US$18 close. S/S

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