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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Sharck who wrote (8282)	4/11/2001 5:35:51 PM
From: Paul Kern	Respond to of 19633

From CBS Marketwatch: =========================================== Research In Motion Research In Motion (RIMM: news, msgs, alerts) said fourth-quarter earnings before a one-time charge rose to $8.3 million, or 10 cents a share, from $3.2 million, or 4 cents a share, for the same period a year earlier. Shares rose 23.5 percent to $27.09 on Island following the report. The Toronto-based handheld wireless device and pager maker was expected to earn 7 cents a share, according to First Call/Thomson Financial. The company said it would take a one-time charge of $14.75 million to write-down the value of several "long-term investments." After the charge, Research In Motion had a loss of $6.5 million, or 8 cents a share. Research In Motion fell $2.82, or 11 percent, to $21.93 prior to the close of regular trading.