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Technology Stocks : Research In Motion TSE RIM Nasdaq RIMM

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To: icecreambug who wrote (42)	5/20/1999 10:53:00 AM
From: SJS	Read Replies (1) of 989

As I suspected, yesterday was a great excuse to take some ST money off the table for the trader mentality folks. When the stock didn't crater or give back ALL of it's gains, new people with ST to LT objectives decided to return. People are getting smarter about chasing mo-mo stocks, but RIMM is establishing a good base here and will be support for further moves up. Although there are no equity options that drive this, more institutional ownership and analyst coverage will continue to reinforce what we already know. This product will be a winner. I was glad to see Fidelity with a >1 Million shares stake in this company.

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