boisterousbob

Research in Motion: A Long-Term Play

LaChic, do you have any information on who is paying for those phones? I would question whether this should be a hit on RIMM or a hit on the network operator? Maybe this is a reason to be a little shy on purchasing Verizon stock.....

Q2 Average selling price was $357
Q3 Average selling price was $345
Q4 projected selling price is $320

While this is clearly trending down, it is to be expected given the push into consumer space, and is not really the sort of price collapse implied by a buy 1 get two free promotion?

Congratulations on your near term exit price btw.


On Oct 26 08:11 AM LaChic wrote:

> when a company is practically giving away their phones that cannot
> be a good sign for now....I sold a while back, part of my research
> on a stock is visiting stores and asking questions.....buy 1 get
> two free, told me to get out of the stock, so I did at 80.75...I
> have no plans on getting back in until i see a correction in this
> market.