Has anyone bothered to take a look at Research in Motion (RIM) lately? In the last three months, this stock has gone from $80 to today's close of $135. For you math majors out there, that's an increase of more than 50%!
The next question is why has it gone up so much? Well, young grasshopper, I will tell you. Analysts seem to be pretty happy with this little thing called the Blackberry Pearl. It's the smallest, lightest and easiest to use Blackberry currently on the market. With 18 wireless companies currently pushing the Pearl, it has the potential for a wide user base. What's more, word on the street is Cingular is going to start pushing this baby any day now.
My, oh my have fortunes can change. It seemed like just yesterday that RIM was on the verge of shutting down for good. Now, the sky is the limit for this company and their addicting little devices.
Earlier: Thoughts on Blackberry's Settlement
The Street: Research In Motion Keeps Rocking
Monday, November 27, 2006
Can You Hear Me Now?
Posted by Ben Wilkinson at 8:15 PM
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