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: The Other Analyst who wrote (711)5/30/2000 8:35:00 PM
From: dwayanu   of 989
 
... parts shortage is short-term and unless a company is going to lose market share permanently because of it, I doubt that would explain the weakness in RIMM. RIMM has been in a steady slide since the mid to low $40s in mid April.

I would judge that following the downgrade back in April, it has just been following the NASDAQ until the last week or two, when it did slide down more than the index.

Agree in general the shortage is short term, e.g. 6-12 months, but as modern precise inventory management and production prediction are used to generate earnings projections, plus the current (um....make that 'former' <g>) downward bias of the market, then the possibility of earnings revisions is quite enough to whack the stock. (This is just a general statement, I don't know anything about RIMM's production process.)

RIMM is in good company, a lot of medium-small good companies went down in the last two weeks, like COBT and WIND that I follow. I bought RIMM last week specifically for its rebound potential.

- Dway

P.S. Oh yawn, just another 17% day in the portfolio. Only difference, this one was UP !!! <VBG>
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext