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Technology Stocks : Research In Motion TSE RIM Nasdaq RIMM -- Ignore unavailable to you. Want to Upgrade?


To: Rossignol who wrote (835)8/9/2001 10:23:17 AM
From: Labrador  Respond to of 989
 
My personal view is that they will have to take an inventory writedown, that sales are stagnating and that any descretionary spending by corporations have virtually halted.

Without reinvestment income on RIMM's cash hoard, the company is at an operational loss and the loss will continue to at least 2003.

I just expect continued weakness, esp. after the current quarter's earnings. The figure of $17 is not magic, just a guess.