RIM

Research in Motion reported the earning which is a penny shy of expectation. I think the earning is not bad and expectation for next quarter is good as well. I am more concerned about long term competition. Apple, Google, Nokia, Samsung, LG and MOT are all getting into this space and it is getting crowded. Eventually, margin will get squeezed. One advantage RIM has over Iphone is that its data use much less bandwidth and has less pressure on carrier's network. A 10-14 P/E will be fair for RIM which translate to 56-76 U$. If you want to buy, entry point should be around 66 U$.