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


To: Imran who wrote (828)5/8/1999 6:19:00 PM
From: Ron Schier  Respond to of 848
 
Could be that some investors have invested in IPO Sierra Wireless, due out possibly next week..( priced at $14.50; 4.5 million shares; owned 47.10% by PMC-Sierra [PMCS-Nasdaq].

Some investors sell on news (good earnings);.. this is just temporary .. IMO. RIM has ramped-up production, to meet the high demand from brokerage-houses, etc.

Ron




To: Imran who wrote (828)5/8/1999 8:42:00 PM
From: axial  Respond to of 848
 
Imram - remember that last quarter did not reflect sales of Blackberry; next and subsequent quarters should show good earnings growth. Also this stock trades at a high P/E and people want to see results on the bottom line eventually. Finally, this stock moves in a highly segmented market, and I think there is some doubt about whether the market will go to augmented phone wireless devices, pager-like devices, or computer-like devices, like Palm Pilot, etc. RIM will make money in its segment, but nobody realistically expects it to take over the wireless device market. FWIW. Regards, JK



To: Imran who wrote (828)5/8/1999 11:33:00 PM
From: Blue h2o  Read Replies (2) | Respond to of 848
 
Stocks do base after news. Could sell off, I'm hoping it does.