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Technology Stocks : Research In Motion TSE RIM Nasdaq RIMM

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To: Ron Schier who wrote (843)8/19/2001 12:59:02 AM
From: BBartholomew  Read Replies (1) of 989
 
You should listen to the webcast of the Shareholder's Meeting. They make similar comments to the one's your friend shared with you.

rim.net

At the bottom is the URL to play the Annual Shareholder's Meeting

There sure seems to be a disconnect between the excitement for the future that management shared on the Webcast and some of the press releases by analyst expressing concern for RIM meeting revenue forecast.

biz.yahoo.com

I got a chuckle from the following taken from the above link:

Mark Hugh Sam at Dundee Securities said in a recent report that sales could dip below $80 million in the second quarter.

``Although RIM may have an average second quarter due to the current slowdown in IT spending...we expect it will sign a few, if not several carrier contracts in Europe and maybe some in Asia Pacific within 6 to 9 months,'' he wrote.

** An average second quarter of $80 Million, this compares to 42.5 Million of the same quarter last year and they will have only one quarter in their history with greater revenue.

Have you had a chance to have additional discussions with your friend about the RIM Shareholder's Meeting.
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