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To: the Chief who wrote (49326)	4/11/2001 8:54:59 AM
From: Shaw	Respond to of 62348

Well put there, Chief. It's gotten more important to be right and look "smart" rather than make money it seems. Shorts may have another day in the sun over the next bit with a retest of the lows. Who cares ST? Just post the shorts and make some $$$$ if correct. I may short/put as well, when the environ looks right. Anyway, what the 'ell is with the chip sector today? Was there good news that I have been missing this morning?? INTC up, RMBS up among others, fairly big.

To: the Chief who wrote (49326)	4/11/2001 11:56:07 AM
From: Andrew	Read Replies (1) \| Respond to of 62348

You know the fact is I see others posting their longterm long recos on here so whats the difference. Only diff is I'm bearish. Its only for discusssion and I only really do it in the off hours. I'll tell you again its maybe the 3rd inning of this "corrrection". Half those stocks stocks you mention are absolute POS. RIM lol. Its worth about $2 realistically. No ego stroking Just my opinion and its different than yours. Everyone here does it. Looks to me like we are getting close to a top. Its too bad more people aren't back here it would be a good contrarian indicator.

To: the Chief who wrote (49326)	4/11/2001 4:20:42 PM
From: kidl	Read Replies (1) \| Respond to of 62348

Looks like one for the bulls ... Research In Motion reports $90.1 million revenue for fourth quarter and $221.3 million for the year WATERLOO, ON, April 11 /PRNewswire/ - Research In Motion Limited (RIM) (Nasdaq: RIMM, TSE: RIM), a world leader in the mobile communications market, today reported fourth quarter and year end results for the three months and fiscal year ended February 28, 2001. (all figures in US $ and Canadian GAAP) Revenue for the fourth quarter of fiscal 2001 was $90.1 million. This marks a 46% increase over the prior quarter's revenue of $61.6 million and a 249% increase over the $25.8 million generated in the fourth quarter of last year. BlackBerry(TM) subscriber growth continues to be a main revenue driver. As well, shipments of RIM® Wireless Handhelds(TM) to AOL contributed to the significant growth. BlackBerry accounted for approximately 48% of the Company's quarterly revenue. RIM Wireless Handhelds accounted for 45% and OEM radio modems accounted for 7%. Revenue increased to $221.3 million for the year ended February 28, 2001, representing an increase of 160% over the prior year. The increase for the year was primarily due to substantial growth in RIM Wireless Handheld shipments and BlackBerry subscribers. At the end of February there were approximately 164,000 BlackBerry subscribers in 7,800 companies. ``The results reported today mark the completion of another outstanding year for RIM,'' said Jim Balsillie, Chairman and Co-CEO. ``BlackBerry continues its growth as the leading wireless email platform for the North American enterprise market; and we are well positioned for our entry to new international markets with next-generation products. We have the resources necessary to execute our business plan and extend our competitive lead; and we expect to repeat our success during the upcoming year.'' Proforma net income for the quarter was $8.3 million or $0.11 per share ($0.10 diluted) compared with a net income of $1.5 million in the prior quarter and a net income of $3.2 million in the same quarter last year. For the year, proforma net income was $8.5 million or $0.12 per share ($0.11 diluted) compared to net income of $10.5 million or $0.16 per share ($0.14 diluted). Due to macroeconomic and financial market conditions, several of RIM's long-term investments have experienced significant non-temporary declines in their value. As a result, RIM has taken a one-time write-down of $14.75 million. After accounting for this one-time write-down, the net loss for the quarter was $6.5 million ($0.08 per share). For the year, the net loss was $6.2 million ($0.08 per share). Gross research and development expenditures for the quarter were $9.1 million, or 10% of revenue, compared to $6.7 million in the prior quarter, or 11% of revenue, and $3.7 million, or 14% of revenue, in the fourth quarter last year. For the year, gross R&D expenditures were $25.7 million as compared to $12.2 million in the previous year, which represents an increase of 110%. R&D expenditures, net of government funding, for the quarter were $7.1 million. Selling, marketing and administration expenses were $22.3 million, or 25% of revenue, for the quarter compared to $16.9 million, or 27% of revenue in the previous quarter and $5.1 million, or 20% of revenue, in the fourth quarter of last year. Planned investments in BlackBerry marketing, co- operative marketing programs, and staffing increases in sales, marketing, and customer support have contributed to the increase. For the year, selling, marketing and administration expenses were $65.2 million. Cash, cash equivalents and marketable securities were $721.9 million at February 28, 2001 as compared to $733.9 million in the previous quarter.