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Technology Stocks : Research In Motion TSE RIM Nasdaq RIMM

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To: jhg_in_kc who wrote (378)9/23/1999 11:54:00 PM
From: Claude Cormier  Read Replies (1) of 989
 
Very good results compared to last year 3 months... but

Here are the revenues for the last 4 quarters

2Q99: $28.7 millions
1Q99: $24.1 millions
4Q98: $27.1 millions
3Q98: $27.0 millions (Introduction of the InterActive Pager 950 )
2Q98: $8.4 millions

I see no growth in the last 3 quarters. Sales of the pagers were roughly $19.5M in this quarter...compared to $23M in 3Q98... Looks like they will need new champion products.

Although RIM is very promising for the long term... I still think that a good correction is needed before it can move higher.
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