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Strategies & Market Trends : Value Investing

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To: Bob Rudd who wrote (20258)12/15/2004 10:44:40 AM
From: Bob Rudd  Read Replies (1) of 78495
 
RIMM - COVERED SHORT @83.89: Several broker reports indicate that the patent dispute will likely result in ~5% royalty going to NTP...not quite the disaster scenario some journalists were describing. Since RIMM hasn't decisively broken the uptrend [~82], my collapse scenario is looking less likely. While I'd never pay up for RIMM's prospects, I do think they have a solid future and that when this is resolved, RIMM could be propelled higher by those willing to pay big premiums for growth prospects...thus my 'take the money and run' move.
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