Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Research In Motion - RIM.T -- Ignore unavailable to you. Want to Upgrade?

To: arisetech who wrote (765)	4/22/1999 4:22:00 PM
From: Glen Gordon	Respond to of 848

I didn't mean to comment on RIM's long term prospects, but if you're expecting earnings to boost the stock, I believe you'll be disappointed - Good results have already been built into this stock. Even if RIM handily beats analyst expectations, the stock won't rise much IMO. I was merely commenting on the 'Go Rim Go' comment - At the time I issued my warning, RIM was rising quickly on the Nasdaq on small volume (approqaching $11 US). The stock was set up for a fall back (which it did, closing only slightly higher than it opened). My warning was for small investors tempted to chase the stock up. Also, now that the stock is traded on the NASDAQ , I wouldn't rely too heavily on Depth for volatile stocks like RIM (or most any stock traded on the NASDAQ for that matter). Big blocks normally are all or none and don't show up in the depth. Regards. P.S. I don't own RIM anymore - sold last week, but I'm also not short any shares.