SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Research In Motion TSE RIM Nasdaq RIMM
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jhs565 who wrote (338)9/7/1999 6:29:00 PM
From: Garry O'krafka  Read Replies (1) of 989
 

Barron's says Research in Motion favoured by Warburg

Research in Motion Ltd RIM
Shares issued 62,165,317 Sep 3 close $46.40
Tue 7 Sept 99 In the News
Barron's weekly says in its Sept. 6 issue that Researh in Motion, recently
$44.90, is a top stock pick of international fund manager Harold Sharon.
Writer Peter Du Bois notes that Mr. Sharon is head of the international
equity team at Warburg Pincus Funds, where he runs the research department
and co-manages two portfolios. One, Warburg's International Small Company
fund, is ranked the leader among diversified international funds, in the
year to date and the past 12 months, by Lipper Analytical. Mr. Sharon says
that Warburg bought Research in Motion in 1997 and the stock has since
risen tenfold. He says his current target price is $65, and he expects
earnings of 80 cents a share for the year ending Feb. 29, 2000, compared
with 35 cents for fiscal 1999. Mr. Sharon says the company's pagers are
reportedly Michael Dell's favourite toy. Mr. Sharon says he thinks Mr. Dell
wants to slap the Dell Computer name on Research in Motion's advanced
pagers and ultimately incorporate them in a small remote computer that is
hooked into a network.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News