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

To: Jack Hartmann who wrote (268)8/20/1999 11:08:00 AM
From: john douglas  Respond to of 989
 
You've got to wonder about these analysts sometimes.

quote.bloomberg.com

C$50 is about US$33. The 12 month target is not high enough to rate a strong buy IMO.

RIMM seems relatively undiscovered (look at the SI message count), and one good quarter, or news of a strategic alliance with a major company could push this stock above US$40.



To: Jack Hartmann who wrote (268)8/20/1999 11:37:00 AM
From: SJS  Read Replies (1) | Respond to of 989
 
Jack,

My entry was $24ish on Tuesday. It's now Friday and it's $29ish, pushing hard to close on $30. That's not a bad return, eh? I would consider locking in some profit with a option write, but my strategy is more fluid now since it's run so much.

Much depends on your personal outlook for the company and your entry point. I might just pull the trigger with a sell stop just a little lower than here.


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