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Strategies & Market Trends : Fundamental Value Investing

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From: tyc:>7/12/2012 8:08:31 PM
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Thank you, Sergio, for encouraging me to participate.

May I please reiterate RIMM as my submission. I have previously asserted that it is a true Value stock that might be expected to outperform growth stocks as Haugen suggested that value stocks often do. It will, of course take time. Haugen assures us that major stocks do not die. They either remake themselves or they are taken over by someone who will do the job for them. The CEO is confident that BB10 will do the job for them when it goes to market early next year. I believe it will.

Last quarter they declared a loss, but that was only because they wrote off $300M of intangibles. Cash Flow was still healthy. However the next two quarters will be weak. Resurgence starts next year. . Here are current ratios:

P/B = 0.38
P/CF = 2.5
P/S = .2

No debt.... Cash on hand 2.2B
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