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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: dykerted who wrote (119465)	12/18/2000 11:24:33 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

RIMM Obviously if there is a genuine rate cut tomorrow, we might see a temporary bounce on sheer momentum, however longer term there is nothing keeping this stock up as it has no earnings. So many people are shorting it that its hard to get it down, but when you least expect it, (like ONIS and NTIQ) it will come down like a house of cards. We have to see the trend of market. After earnings is obviously easiest we might get another leg of the rally in this one and then it can all come tumbling down. I had 2 option put positions already in RIMM but covered the January's already on Thursday although I had planned originally to hold longer.