DOUGLUVS

Canaccord Analyst: Research In Motion to Hit C$200

THIS ANALYST ON RIMM AT CANACCORD HAS NO CREDIBILITY BASED On HIS TRACK RECORD FROM JAN 08 TO JUN 08. He was downgrading RIMM in January 08, after one of its best quarters ever in Dec 08 and was one of the factors causing the stock to tank to the low 80s in Jan/Feb 08, then he changes his mind and admits the mistake after causing a lot of damage and after RIMM was back up to $110 and now that the 3G IPhone is on the RIMM attack, he is out defending RIMM and increasing its price target. Bottomline: Disregard Peter Misek at Canaccord and pay attention to RIMM's management team and AAPL's management team for Misek's analysis is useless.