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Technology Stocks : Research In Motion TSE RIM Nasdaq RIMM

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To: Garry O'krafka who wrote ()	8/9/1999 3:12:00 PM
From: Dou_Sun	Read Replies (1) of 989

RIM reiterated "Strong Buy: at Sg Cowen. The analyst is Robert W. Stone. The 12 month target price is $25 US a share (that's roughly $37.5 canadian). 9:35 That's not too unreasonable despite current price drop when you consider their pager will soon be released in September (approx) in Canada. I think their interactive-email capable- pager will be something that will become very popular. I was playing with one of these pagers the other day and apparently you can send email to a phone number and it is translated into a voice message to the other side. There are obviously other features but the popularity will also be increased with the low cost of the pager, the monthly service will be charged by character used (you'll be given a a finite number of characters free. this forces users to be to the point unlike a cell phone where a lot of wasted airtime takes place on unrelated topics) I have been led to believe that this will cost less than the airtime of a cell phone. So there is potential for the RIM pager to make an impact on the communications gadget front. That's all for now.

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