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Technology Stocks : Research In Motion TSE RIM Nasdaq RIMM

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To: Sir Auric Goldfinger who wrote (784)1/30/2001 11:10:10 AM
From: who cares?  Read Replies (4) of 989
 
This is too funny.
messages.yahoo.com

JPM with it's LT Buy on RIMM today with $85 target.(I sold the gap this morning, actually left over from my partial sell yesterday)

We are initiating coverage on Research in Motion (RIM) with a Long Term Buy Rating and a 12-month price target of $85. Our price target is based on a 10-year discounted cash flow projection, a WACC of 14.5%, and a long-term growth rate of 4%.

Just too funny, a 10 year projection on some lil POS that will be obsolete in a year. Company hits one home run and suddenly they're priced like they're Hank Aaron.

CMB
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