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« Market Update | Main | DJIM wk#7 holds/ hit list »
Thursday
Sep282006

Tomorrow, Tomorrow...RIMM for DJIM?

RIMM for DJIM?. If this stock closed at 8.60 and you had a chance to buy it at 9.99 AH..would you based on the % jump in guidance?. ..we would and we did..sort of....the only difference is paying about $100 a share in a starter position..now we wait for the premarket analysts comments for further action. Using our benchmark of getting a 25% move, we can't say $125 is out RIMM's future...besides we need some Canadian content and paying '99' as hockey season approaches seems quite fitting for us. Of course not a small cap, RIMM still falls in the 'earnings story' and 'momentum' categories we follow. Most importantly since we have a few techs... we hope RIMM brings a nice tech rally to end the Q tomorrow...Not that DJIM's needed any help as witnessed by todays action, but a hand from the overall market would be nice for a change.

Co issues upside guidance for Q3, sees EPS of $0.88-0.95 vs. $0.77 consensus; sees Q3 revs of $780-820 mln vs. $700.23 mln consensus.

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