alleyinsider.com - 10/21/2008
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Research in Motion (RIMM) has plummeted almost 10% today after a Pacific Crest analyst said retail sales for the current quarter have been "slightly disappointing. " On top of the wholesale smashing RIM has taken over the past several months, this latest blow has pounded the stock down to a ...
finance.yahoo.com - 10/20/2008
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finance.yahoo.com —
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RIMM: Summary for RESEARCH IN MOTION - Yahoo! Finance
businessweek.com - 10/16/2008
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Research In Motion (RIMM) Sales Plummet: Are stocks good now?
Phones Review —
... down to a level where it is getting very interesting indeed.
The latest results sees it at $52 where RIMM trades at around 18X trailing earnings, so given the immense and growing competition like the Apple iPhone and indeed the Google G1 a 15X-20X multiple makes it look a lot more like 40X the stock traded for quite recently.
This leaves us with a few questions, the first being “Are RIMM stocks good now? And of course “Will RIM be bought, and if so by whom?
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