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

To: jhg_in_kc who wrote (378)	9/23/1999 6:28:00 PM
From: arisetech	Read Replies (2) \| Respond to of 989

From: newsout@stockwatch.com Date: Thu, 23 Sep 1999 14:09:32 -0700 Subject: Stockwatch US: RIMM (Applies to: MLF RIMM) RESEARCH IN MOTION FILES A REGISTRATION STATEMENT AND A PRELIMINARY PROSPECTUS WITH RESPECT TO THE OFFERING OF FIVE MILLION COMMON SHARES in the United States and Canada WATERLOO, ON, Sep 23, 1999 /CNW-PRN via COMTEX/ -- Research In Motion Limited (NASDAQ: RIMM, TSE: RIM) today announced it has filed a registration statement with the United States Securities and Exchange Commission and a preliminary prospectus with the securities commissions in each of the provinces of Canada pursuant to the U.S./Canada Multi-Jurisdictional Disclosure System for a proposed public offering of 5,000,000 Common Shares. The lead manager for the offering is Merrill Lynch & Co., and the co-managers are SoundView Technology Group, Inc., Banc of America Securities LLC, SG Cowen Securities Corporation and U.S. Bancorp Piper Jaffray Inc. As described in the registration statement, all of the 5,000,000 Common Shares will be offered by Research In Motion Limited. In addition, RIM will grant the underwriters an option to purchase an additional 750,000 Common Shares to cover over-allotments, if any. A registration statement relating to these securities has been filed with the United States Securities and Exchange Commission but has not yet become effective. The securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State. Copies of the U.S. preliminary prospectus relating to the offering may be obtained from Merrill Lynch & Co., New York. Copies of the Canadian preliminary prospectus relating to the offering may be obtained from Merrill Lynch Canada Inc., Toronto. SOURCE Research In Motion Limited (C) 1999 PR Newswire. All rights reserved. prnewswire.com -0- CONTACT: Dennis Kavelman, 519-888-7465; Angelo Loberto, 519-888-7465 (RIM.) GEOGRAPHY: Ontario INDUSTRY CODE: TLS SUBJECT CODE: OFR

To: jhg_in_kc who wrote (378)	9/23/1999 11:54:00 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 989

Very good results compared to last year 3 months... but Here are the revenues for the last 4 quarters 2Q99: $28.7 millions 1Q99: $24.1 millions 4Q98: $27.1 millions 3Q98: $27.0 millions (Introduction of the InterActive Pager 950 ) 2Q98: $8.4 millions I see no growth in the last 3 quarters. Sales of the pagers were roughly $19.5M in this quarter...compared to $23M in 3Q98... Looks like they will need new champion products. Although RIM is very promising for the long term... I still think that a good correction is needed before it can move higher.