bill9300

Maverick Capital - Portfolio Holdings

RIMM at this time is overvalued, valued at almost $80billion,
valued at 13 times annual sales- sales $6bn, growth slowing, no more 100% increases.

a p/e of over 60 , a bubble.

RBC Analyst: RIM Can Withstand Smartphone Competition

may be a good product, but the stock has a bubble valuation.

$6bn in sales, valuation of over $70bn, like 2000 is back

Is There a Mobile Phone Recession?

RIM sales growth is decreasing, this quarter's increase was only $210 million, 12.5% as compared to $300 ml, 22% for the Dec Q, $278ml or 25% in the Sept quarters and $950ml or 100% for the year ago Qtr.



Quarterly sales Increases have decreased, is it because of the Recession or Competition??



100% GROWTH is Long Gone, how can RIMs sales double from $6bn to 12bn, when the quarterly sales increase was only $210 ml? They would need a quarterly increase of $1.5 bn for sales to double from here. The $210ml increase is a long way off.



Total Sales for the 12 months equaled $6bn, and RIM is currently valued at $70bn, 11+ times annual sales-Priced to more than Perfection.



RIMM HIGHLY OVERVALUED_


Who would buy RIM, with sales of $6bn for $70 to 100+bn??? For earnings of $1bn? A Potential buyer could invest that $70-100bn at 6% and earn almost as much as RIM has in sales and more than RIM earned it its lifetime.


Sales-Qtr, Increases, % of Increase

QTR Ended.--SALES/ml.. INCR/Q...% INCR/Q

Mar 3, 08...$1,880........210...
Dec 3, 07...$1,670........300...
Sept 3, 07..$1,370........278m...
June 3,07.....1,082.....151...
Mar 3, 07........930........ 95.3....11.4%
Dec 2, 06........835.......17... %
Sept 2, 06.......658....... 45.4......7.4%
Jun 3, 06.........613....... 51.8......9.2%
Mar 4, 06........561......

HUGE INCR IN MKT VALUATION, SMALL INCR IN SALES .
Sales for 12 mos ending Mar 3, 2008..........$6.0bn
Sales for 12 mos ending Dec 3, 2007.........$5.1bn



Sales Incr for the 12 Mos Ended Mar 3, 2008........$900ml



Val'n Incr'd over $12 billion in past few weeks.

RIMM's BlackBerry: Pure Domination

RIM sales growth is decreasing, this quarter's increase was only $210 million, 12.5% as compared to $300 ml, 22% for the Dec Q, $278ml or 25% in the Sept quarters and $950ml or 100% for the year ago Qtr.



Quarterly sales Increases have decreased, is it because of the Recession or Competition??



100% GROWTH is Long Gone, how can RIMs sales double from $6bn to 12bn, when the quarterly sales increase was only $210 ml? They would need a quarterly increase of $1.5 bn for sales to double from here. The $210ml increase is a long way off.



Total Sales for the 12 months equaled $6bn, and RIM is currently valued at $70bn, 11+ times annual sales-Priced to more than Perfection.



RIMM HIGHLY OVERVALUED_


Who would buy RIM, with sales of $6bn for $70 to 100+bn??? For earnings of $1bn? A Potential buyer could invest that $70-100bn at 6% and earn almost as much as RIM has in sales and more than RIM earned it its lifetime.


Sales-Qtr, Increases, % of Increase

QTR Ended.--SALES/ml.. INCR/Q...% INCR/Q

Mar 3, 08...$1,880........210...
Dec 3, 07...$1,670........300...
Sept 3, 07..$1,370........278m...
June 3,07.....1,082.....151...
Mar 3, 07........930........ 95.3....11.4%
Dec 2, 06........835.......17... %
Sept 2, 06.......658....... 45.4......7.4%
Jun 3, 06.........613....... 51.8......9.2%
Mar 4, 06........561......

HUGE INCR IN MKT VALUATION, SMALL INCR IN SALES .
Sales for 12 mos ending Mar 3, 2008..........$6.0bn
Sales for 12 mos ending Dec 3, 2007.........$5.1bn



Sales Incr for the 12 Mos Ended Mar 3, 2008........$900ml



Val'n Incr'd over $12 billion in past few weeks.