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Technology Stocks : Research In Motion TSE RIM Nasdaq RIMM

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To: chojiro who wrote (859)4/16/2002 10:52:15 AM
From: The Reaper   of 989
 
09:50 ET Research In Motion "fully valued at best"-- Needham (RIMM) 21.38 +0.55: Needham in a pre-open note said that despite RIMM being the undisputed king of wireless email, the shares are fully valued at best; based on the value of its current and future BlackBerry subscribers, firm believes a more realistic target price is $14-$16.

RIMM's technology as you are aware is being leapfrogged. This thing is toast as reality sets in.

kirby
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