Research In Motion TSE RIM Nasdaq RIMM Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tie Zeng who wrote (698)	4/16/2000 8:30:00 AM
From: Harry Stein	of 989

There appears to be some support levels at $45 Canadian and then again at $30 Canadian ($30 and 21 US). Will the margin calls and panic selling actually bring it down to these levels in the next few weeks? I wouldn't have believed it 3 weeks ago, but I guess none of us did. I am struggling with the PE's on all the high tech companies, and I guess many still are. Many of the high tech mutual funds were down 30% last week, will this spark a huge redemption? Most people in mutual funds tolerate less risk than many of us. I like RIM, it has a future but at what price? I will wait a while for a clear bottom before I consider jumping back in. Good luck to all, there is very little logic in the market right now, it is all FEAR and GREED, and FEAR has the upper hand right now. But GREED always comes back strong.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next