11 March 2006
RIM - Problems Finally Solved
Since the settlement of RIM patent issues with NTP, the stock price has shot up 20-25%. I had mentioned in a previous post that investors should target RIM at $72 - this was while they were in litigation. If you did, you would have seen a return of about 40% in 3 months over the last 12 weeks. I think there are some out there that might have aggressive expectations from RIM, but with the lull in the patent infringement case, I think this gave an opportunity for other to start getting into the text messaging market. I don't think there are many more gains from RIM in the next 2 years.
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