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Technology Stocks : Research In Motion TSE RIM Nasdaq RIMM

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To: Rampant who wrote (57)	5/26/1999 10:11:00 AM
From: Garry O'krafka	Read Replies (1) of 989

Research in Motion Ltd - Post says Research in Motion gets mixed reviews Research in Motion Ltd RIM Shares issued 62,071,467 1999-05-25 close $21.2 Wednesday May 26 1999 The Financial Post reports in its Wednesday edition that shares of Research in Motion rose 45 cents to $21.20 on the Toronto Stock Exchange on Tuesday, on volume of 531,800 shares. Market Action columnist Paul Bagnell notes that shares of the developer of software and hardware for wireless communications hit an intraday high of $21.75. Since May 10, Research in Motion shares have climbed $5.15, or 32 per cent. On Tuesday, analyst Steven Milunovich of Merrill Lynch raised his 52-week price target on the shares to $18 (U.S.) from $16 (U.S.) and maintained his near-term "accumulate" rating. Another analyst, Barry Richards of Sprott Securities, downgrade the stock to "reduce" from "hold." (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com old url (better for printing)

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