RIM thoughts

[Hopperbin]

Hey whats the thinking on RIM? I upped my holdings to 80,000 yesterday thinking the report after the close today will surprise the trade and the forward looking P/E ratio of 8 times is too much on the low side for a corporation that is in an industry that is now growing as they are. An 8 times P/E should step up the share price. They made some investments so not sure what effect that will have on P/E.

[cottonpicken]

Not my area,so take it with a grain,id make sure they
are getting aggressive in asia,not much hot money
flowing into tech.

Dumped my sugar etf and jumped into Mcewans
uxg,probably poor timing,but better to be in than out
with this guy.

[grassfarmer]

I don't think they are a good bet long term - I think the days of their technical supremacy are behind them. I sold in May at $70, bought back some at $47 in September and sold them at $56 in November. They have done OK for me this year but that's a poor chart for the time period. I think their best spell is behind them. IMHO.

[Hopperbin]

Ended slightly higher than guidance expected. Revenue up 19 percent for the quarter and 40 percent for the year and profit up 40 percent for the year.
Complete conference call here interesting. Have to do a quick registration to listen.
http://www.rim.com/investors/events/index.shtml
I also origionally bought in at 47 dollars when the share price to profit seemed to me to be very undervalued for a company that has had a gross revenue increase of over 40 percent for the previous 3 years. Very few stocks making growth like this. They seem to be making a lot of inroads into markets other than North America. Lots of money being spent on R&D and new products. They should not be underestimated in my opinion.

[Hopperbin]

To word correctly they had revenue increases of well over 40 percent per year for the previous 3 years.

[checking]

RIM = 19.5' Bayliner fishing boat one late spring morning, and enough true copper pennies to lay in for not needed bow ballast. With talk of their demise, will have to melt into a few 40lb ingots.

Good Q3 report.

[Hopperbin]

I don't care if anyone is pissy about their blackberry, they are up 3.81 percent and moving as we speak.

[Hopperbin]

"What the hell" there is a whole days worth of typical Rim volume and they are now only up 2.15 percent. What are people thinking???

[Hopperbin]

Whole days typical volume in the first half hour that is.

[jhurkot]

RIM is probably the last tech stock I'd want to own
right now. Blackberry profits are getting smaller and
smaller. They cannot compete with Apple and Google.

[cottonpicken]

You might want to look at the competions stock chart.

Comparing apples and rims 5 year shows 2 different
stories,of course it could turn around.

[grassfarmer]

jhurkot, that's my thinking too. I should add I owned this stock back in 07 or 08? when they went up over $100. I don't see them going back there.