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To: Bob Biersack who wrote (20007)	10/3/2001 4:39:42 PM
From: Frederick Langford	Respond to of 208838

I think CNBC said they beat their number, I bot some this PM @ 15.50 and when I saw 17, away she went. The 5 cents was PROFORMA, that's why, I'll bet they announced it. Wednesday October 3, 4:24 pm Eastern Time Research In Motion Q2 in red on inventory writedown (UPDATE: Figures U.S. dollars unless noted) TORONTO, Oct 3 (Reuters) - Research In Motion (NasdaqNM:RIMM - news) ADVERTISEMENT The Waterloo, Ontario-based company reported a net loss for the quarter ended Sept. 1 of $17.5 million, or 22 cents a share, compared with a loss of $1.6 million, or 2 cents a share, in the year-before quarter. On a pro forma basis, RIM posted a profit of 5 cents a share in the quarter, compared with a loss of 2 cents a share the year before. The results were hit by a $23 million writedown of inventory at financially troubled reseller Motient Corp. (NasdaqNM:MTNT - news), and a $5.4 million writedown to the carrying value of investments. Revenues in the second quarter, the company said in a statement, were $80.1 million, up 88 percent from $42.5 million in the corresponding quarter of last year. ``It's unfortunate that Motient's financial problems have forced us to take a writedown this quarter but we believe that the migration to next generation networks will limit our exposure to their difficulties,'' said RIM's co-chief executive, Jim Balsillie. Analysts polled by Thomson Financial/First Call were expecting, on average, operating earnings of 4 cents a share and $83 million in sales. The company's shares, which have traded in a 52-week range of C$18.69 to C$200 on the Toronto Stock Exchange, closed up C$1.04 on Wednesday at C$24.67. ($1 equals $1.57 Canadian)