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| oppie1333 |
 Posted: Tue Jan 10, 2006 10:41 am Post subject: Looking for a new stock |
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Investing Associate
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| looking to pick up a new stock, lemme know if anyone has any good leads |
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| frusnak |
| Posted: Tue Jan 10, 2006 11:15 am Post subject: |
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CFO
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| What kind of parameters do you have for this stock you are looking for? |
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| stockmarkettips |
| Posted: Tue Jan 10, 2006 11:51 am Post subject: |
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Investing Manager
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| Im Not Warren Buffett |
| Posted: Tue Jan 10, 2006 12:00 pm Post subject: |
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CFO
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| Dave Rathbun |
| Posted: Tue Jan 10, 2006 12:07 pm Post subject: |
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CFO
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Comments on RIMM from the Dow Jones Newswire:
| Quote: | | (Dow Jones) Research In Motion (RIMM) down 1.9% to $71.94 after CSFB's Mark Ounjian cuts rating to underperform from market perform. While he expects RIMM's BlackBerry-subscriber base to grow significantly in the next 3-5 years, Ounjian also expects the company's business model to come under pressure as "increasingly attractive alternatives" from the likes of Palm (PALM), Motorola (MOT) and Nokia (NOK) become more widely available. The analyst also expects RIMM's stock to remain volatile until uncertainty surrounding the NTP litigation ends. |
I like the company, have considered picking up some in my IRA so I can trade it short term without tax considerations. But for a long term play it might prove to be more of a challenge, specifically because of the unknowns as far as the competition. |
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| frusnak |
| Posted: Tue Jan 10, 2006 12:11 pm Post subject: |
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CFO
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| RIMM....PALM would be their main competition? |
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| Dave Rathbun |
| Posted: Tue Jan 10, 2006 12:13 pm Post subject: |
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CFO
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| frusnak wrote: | | RIMM....PALM would be their main competition? |
Any current text-message provider could compete. That includes any PDA / cell phone / pager and so on. The service RIMM provides is not proprietary, to the best of my knowledge. If there were a serious competitor in the form of one of the big cell service providers it could put a dent in their prospects.
"Im Not Warren" has spent a lot more time researching this stock than I have.  I'm late to the party, as I only recently started considering this stock based on some of his comments. I'm just being cautious.  |
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| frusnak |
| Posted: Tue Jan 10, 2006 12:18 pm Post subject: |
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CFO
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 Yeah fools rush in where wish men fear to tread. Like the three stooges say:goslow |
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| geb9696 |
| Posted: Tue Jan 10, 2006 12:31 pm Post subject: |
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Investing VP
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| The downgrade and news of new products from RIMM's main competitors hurt the stock today. The downgrade was based partly on the research firm believes that RIMM's growth may be hurt from new products from Motorola Inc., Nokia Corp. and Palm Inc. While this is somewhat of a concern the firm also said that RIMM will continue to have growth. I personally do not see these companies much if any of RIMM's market share. Everyone that my mom works with uses blackberries and would not trade them for anything. They are called crackberries for a reaason. The court case also caused some concern from the analysist firm. The case is rumored to be finishing within the next month or two. The RIMM network will not be getting shutdown. NTP wanted to settle the case for 450 million and RIMM said no. While the downgrade is a setback Buffett has been know to say "Be fearful when others are greedy and greedy when others are fearful." |
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| Dave Rathbun |
| Posted: Tue Jan 10, 2006 12:35 pm Post subject: |
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CFO
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What is blackberry's penetration? How much room is there for competition? I would worry less about NOK and MOT and PALM today (or even a year from now) if the total penetration for this service is small. If new competition can come into the market without taking market share away from existing players, it's not such a big deal.
As an example, how hard would it be today to take market share in the soft-drink industry? Who wants to go head-to-head with Coca-Cola or PepsiCo? That's a mature market, and any market gains are generally because of taking market share from competition.
If RIMM has only found 10-15% of the market, there's a lot of room for new competition. Anyone have those figures handy? |
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| geb9696 |
| Posted: Tue Jan 10, 2006 6:10 pm Post subject: |
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Investing VP
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| Im Not Warren Buffett |
| Posted: Wed Jan 11, 2006 11:11 am Post subject: RIMM - Research in Motion stock |
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CFO
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| frusnak wrote: | | Yeah fools rush in where wish men fear to tread. Like the three stooges say:goslow |
I think the Warren Buffett quote from geb9696 is particulary appropriate here... "be greedy when others are fearful"... there is nothing foolish about finding a 10-15% return in one month.
| Dave Rathbun wrote: | | "Im Not Warren" has spent a lot more time researching this stock than I have. I'm late to the party, as I only recently started considering this stock based on some of his comments. I'm just being cautious. |
I have spent quite a great deal of time looking into this company, I actually plan on calling them today and talking to the investor relations people, thats a Peter Lynch idea.
I'll post whatever interesting things I find out.
As for the recent RIMM news...
CFSB (whoever they are) downgraded it to a "underperform" and the stock dropped on the news. I personally think the CFSB people are idiots, they initiated coverage in December 2004 with a "neutral" rating and the stock has only gone down (below $60) since. Now its began to rebound, and they downgrade it. A harbringer of good news?
EDIT:
The analyst firm is CSFB - Credit Suisse First Boston. Dave corrected me. My typo.
Last edited by Im Not Warren Buffett on Wed Jan 11, 2006 2:16 pm; edited 1 time in total |
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| Dave Rathbun |
| Posted: Wed Jan 11, 2006 1:33 pm Post subject: |
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CFO
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| geb9696 |
| Posted: Wed Jan 11, 2006 2:00 pm Post subject: |
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Investing VP
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| Yes, it would be CSFB that downgraded the stock. |
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| Im Not Warren Buffett |
| Posted: Wed Jan 11, 2006 2:17 pm Post subject: |
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CFO
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Ok, point for you two. Mark the day down, I messed up.  |
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