RESEARCH IN MOTION (RIMM) ON WAY TO $20 (MSFT), (AAPL), (GOOG)
Readers may want to start from my previous article on Research In Motion titled What Is The True Value Of Research In Motion? In the article I described various scenarios for Research In Motion (RIMM). One of the scenarios I described was for Research in Motion to continue on its present path. The earnings report just issued shows that prediction is coming true. The earnings for the quarter were $0.80 compared to the consensus of $0.88. Revenues for the quarter fell 10% to $4.17 billion compared to the consensus of $4.47 billion. For the next quarter, the company projects revenues