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Technology Stocks : Research In Motion TSE RIM Nasdaq RIMM

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To: Sans Souci who wrote (320)8/26/1999 2:17:00 PM
From: Ian Munro   of 989
 
Some argue up, some argue down, and the wheel turns round and round.

I bought RIM way back at about $7.34 (Cdn). My broker has argued that RIM capitalization was too high at $23 (Cdn). My view is that its price is based on a future that includes product that hasn't been dreamed of yet! Faith?

I sold 1/3 of my position @ $43 early this morning, recouping double my investment. The other 2/3 stays on the table. Yea, this one warrants some faith.

Even if it were to go completely down the tubes now (I don't think so), RIM has already won for me!

I really like good news stories, especially when I'm in them.
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