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Technology Stocks : Research In Motion TSE RIM Nasdaq RIMM

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To: MCF who wrote (732)	6/23/2000 9:14:00 PM
From: jhg_in_kc	Read Replies (1) of 989

FROMWORLDY INVESTOR:Research in Motion Moving Up I heard some TV pundit the other day state that as far as the development of wireless PDA's was concerned, we're historically at about the same level that personal computers were when the Apple IIe debuted. That bodes well for Research in Motion (Nasdaq:RIMM - news), which seems to be returning from the market abyss that saw its high-profile stock crater from $175 to the high 30s a couple of months ago. The stock has since doubled to around $60, and the deals keep coming. This week's agreement with Oracle (Nasdaq:ORCL - news) will give Research in Motion access to the multimillion-customer base of subsidiary OracleMobile to provide browser-less two-way messaging through its Ask@OracleMobile initiative. Getting under the sheets with the likes of Oracle further validates Research in Motion as a serious player in the space. First Call has the stock making 18 cents for fiscal 2000 (as at Feb 2001) and 50 cents for 2001. The new handheld Palm-like device, Rim 975, should be out soon, so there will be no lack of news -- or volatility.

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