Research in Motion beats estimates by 6 cents and the stock is jumping in after market. My take is RIM will have another couple of good quarters before competitions will force the margin down. In 2010, the smartphone space will be very crowded, RIM will survive but price war is inevitable. If the stock goes up more than 10% tomorrow, it is time to sell. RIM should take advantage of its stock price and its cash to buy a company to broaden its product offerings.
Closing value
Portfolio 1 (U$): 109816
Portfolio 2 (C$): 80596
Thursday, December 17, 2009
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