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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: UnBelievable who wrote (62396)	11/8/2000 5:43:52 PM
From: UnBelievable	Read Replies (1) \| Respond to of 122087

RIMM Research In Motion Closes Public Offer Of 6M Shrs Dow Jones Newswires WATERLOO, Ont. -- Research In Motion Ltd. (RIMM) has closed its public offering of 6 million common shares, for net proceeds of about US$585.3 million. In a news release, the company said the shares were sold in the U.S. at US$102 a share and in Canada at C$154.90 a share. It said net proceeds of the offering will be used primarily for general corporate purposes, including research and development of new products and technologies, expansion of its manufacturing capacity, expansion of its sales and marketing organization and activities, and for working capital. Research In Motion makes wireless products for the mobile personal communication market. At last report it had about 68.8 million shares outstanding. Company Web Site: rim.net -Stephanie Thomas, Dow Jones Newswires; 416-306-2100