Dale,
RIMM may be calling us to get back in. After a huge jump following DELL's decision to market their pagers, RIMM fell back quite a bit. Then on Friday, it moved up smartly, but is still 12-15% below its peak. I think its just taking a breather......there is too much good news to keep this stock down. In addition to the DELL news, check out this URL from the RIMM thread.
siliconinvestor.com
The key here is to recognize what is going on....basically hand-held remote credit card machines which verify card legitimacy and print out a receipt to sign just like in the store.....powered by RIMM electronics. Huge growth potential, in my estimation, when you look at the list of anticipated users that is spelled out in one of the paragraphs. (Pizz delivery, alone!) Obviously, this won't be ubiquitous overnight, but it will probably spread fast with AT & T involved. And with RIMM in at the ground floor, this should accelerate their growth even more.
This is not a buy recommendation. I have lost thousands of dollars on stocks that I just KNEW were heading up, so do your own DD.
Regards,
Knip |
