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Technology Stocks : Research In Motion TSE RIM Nasdaq RIMM -- Ignore unavailable to you. Want to Upgrade?

To: Sans Souci who wrote (176)	8/4/1999 1:54:00 PM
From: Steven Davis	Read Replies (1) \| Respond to of 989

NP says Sprott's Eric Sprott sells Research In Motion Research in Motion Ltd RIM Shares issued 62,165,317 Aug 3 close $32.25 Wed 4 Aug 99 In the News The National Post reports in its Wednesday edition that the resurgence in the cyclical/resource sector of the Toronto Stock Exchange is well under way and rotation of these stocks should persist, says Eric Sprott, president of the Toronto-based brokerage firm Sprott Securities Ltd. He considers that the picture in North America has changed from one where inflation was benign to one where it is escalating. Mr. Sprott is recommending energy services companies. These are a play on the rebound in oil prices and on the strength in natural gas prices. In keeping with his concerns about inflation and the possibility of further increases in North American interest rates, Mr. Sprott is avoiding interest-sensitive stocks such as the banks. He is also wary of e-commerce stocks, which he thinks could decline further. Finally, he has a sell recommendation on Research In Motion Ltd., which develops two-way pagers for use in data communications systems. "This stock had a big runup, but I think that that is it, for the time being." (c) Copyright 1999 Canjex Publishing Ltd.