it would take a long time for RIMM to produce 5B in profits, the way technology goes i would guess you are right that they will never produce that much in profits, though it looks like they could produce as much as 200M in profits next year, and never is a long time
the key as an investor though is how much do you make on the stock, not how soon the company will make its market cap in profits, and in that sense, it's entirely possible that the investors in the stock could make 5B in the next few years, if everyone who owned the stock as of right now was to hold til then, or basically taking the same shares outstanding now and looking at what they are worth two or three years from now
as i said before, i don't know their business well enough to assess their future prospects for continuing growth, but if they make 2.50 next year, and say 3.25 or something like that the next year, the stock could easily be 120 bucks or more (probably split adjusted by then), in which case today's average buyer would double their money, not to mention those who were smart enough to get in prior to today
the yahoo message board is hilarious, with all those strong sells this stock is going higher tomorrow IMHO...when they are all strong buys, that's the time to sell/short
carl |
