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To: jhg_in_kc who wrote (12579)4/11/2001 10:55:58 PM
From: Perry Ganz  Read Replies (1) | Respond to of 13572
 
Trying to come up with weakness, analysts expressed concern that only their own ranks were buying BlackBerry handhelds, but RIM coyly admitted that only one-third of its customers are in the investment-banking business. The company sees increasing opportunities in the less-moneyed government-worker ranks.
Does anyone know why blackberries are so popular with investment bankers?
Perry



To: jhg_in_kc who wrote (12579)4/11/2001 11:40:19 PM
From: Boplicity  Respond to of 13572
 
I don't know I keep thinking RIMM will be crushed, by Cell Phones, PDA, handhelds, all coming at them from all directions, but they keep moving forward. The only thing I find interesting about RIMM is the processor they use. They are using, or did the last time I check, a 386, running on pen light batteries, amazing. I still have 386 in the basement, they make good door stops.

B



To: jhg_in_kc who wrote (12579)4/12/2001 12:24:28 AM
From: mishedlo  Read Replies (2) | Respond to of 13572
 
jhg - If that was a serious question (and you really think RIMM is a value) then you are silly.

11/12 of RIMM income was from investments.
1/12 of RIMM income was from operations.
They actually lost money but report this crap as a gain of 11 cents.

The SEC should crack down on this shit.
There should be a uniform method of reporting, no hype allowed. MOT was the worst including one time gains as income but excluding one time losses on an "accounting change"

This is pure bullsh*t.
All this hype about revenues up, customers up (etc), is total garbage. If they want to post that crap, they should only be able to do so 5 days after earnings.

RIMM valuation is such that $13,000 per customer to support their market cap.

IS THAT REASONABLE?

Give me a break.