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Gold/Mining/Energy : Research In Motion - RIM.T

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To: Mitchell who wrote (745)	4/19/1999 10:07:00 PM
From: Ron Schier	Read Replies (2) of 848

New York newspapers had stories about the overvalued US internet stocks; which triggered the high tech selloff today according to CNNFN. Also Fidelity (which still has a hugh % of RIM's shares - not selling..but buying lately) said it was rotating out of some high technology stocks into 'undervalued' resource stocks. ie. YAHOO dropped $25.50us today. "We believe we have the best performance from a network standpoint," John Kampfe, a spokesman for the BellSouth wireless data operation, said. "The latency of messages is in seconds rather than minutes, which allows people to chat from their devices" Phone/pager devices have not been well received by the public. Motorola's Reflex network is a poor second & will take a lot of time(also to buildout); IMO. The Palm VII Organizer is still a first generation device( monochrome too) due out in late September/99. Unlikely to compete with RIM's current pager. The Palm 111 had very poor XMAS sales too. The public is not buying it. We are also due for a re-order of RIM's pagers from BellSouth before May 15th/99 )my best guess). Ron

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