To: H James Morris who wrote (91434 ) 1/19/2000 11:48:00 AM From: Mark Fowler Respond to of 164684
Jim here's one that you should look at Rimmbiz.yahoo.com "Research In Motion (RIMM) 56 1/2 +7 1/8: The new "big thing" on Wall Street changes as often as the wind --Y2K, B2C, angiogenesis inhibitors, portals, auctions and so on. One of the latest big things is wireless Internet access and services. Investors making big wagers on the idea of a seamless convergence of the Internet and wireless data by taking stakes in highflyers such as Puma Technology (PUMA), Wavecom S.A (WVCM) and Leap Wireless (LWIN). These three stocks, on average, have soared 615% over the past six months. Research In Motion has been one of the less visible names among the hot money investors. But low visibility among traders hasn't meant that the Ontario, Canada-based company's stock hasn't been a winner. RIMM's path to triple-digit gains has simply been less spectacular... Unlike many of the wireless stocks that have been swept up by investors, RIMM is a real company; i.e. has meaningful revenues, impressive earnings growth and a host of red-letter partners. Joining that list of prestigious partners is Canadian data and telephony network equipment company Nortel Networks (NT), which announced this morning plans to invest $25 million in RIMM as part of an alliance to facilitate the development of future wireless Internet technologies and international wireless Internet market opportunities... The company has also recently inked alliances with Dell Computer (DELL), Entrust Technologies (ENTU), VeriSign (VRSN), Avis Rent A Car (AVI) and Merrill Lynch (MER) to name a few... Driving the company's growth is its wireless technology designed to let business customers remotely send and receive e-mail. The RIMM solution uses a wireless handheld with integrated email/organizer software, PC docking cradle, server software and a flat-rate nationwide airtime to allow consumers to create e-mail, faxes, alphanumeric pages and text-to-voice messages. The company's push delivery feature gives users notification as a new email arrives, eliminating the need to dial-in or initiate the connection. Under the agreement with Dell Computer, the PC maker will resell Research In Motion's BlackBerry wireless email solution... The company's seemingly deal-a-day strategy is expected to add up to big profits over the next two years. According to a First Call survey of nine analysts, Research In Motion will earn $0.16 a share in fiscal year 2000 and $0.43 in fiscal 2001, a year/year increase of almost 170%. The company's long-term (5-yr) EPS growth rate is projected at 100% per annum. - DS "