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You sees? YOU SEES? Once again $$$MR. MARKET$$$ rules the stock market. Today I sold RIMM at 87.86. That’s a 17.6% gain over my (split adjusted) purchase price of 74.68 when I bought it on August 8th. That’s a 17.6% gain in only 5 weeks. Just like I said. You sees? YOU SEES? That’s an annualized gain of 180%. Can you do that? You? YOU? YOU???!!
In the meantime, over the same period, the S&P 500 was DOWN 0.7%. The market lost money. $$$MR. MARKET$$$ made money. What else is new?
I am HUGE! I must be the greatest. I have 32 consecutive profitable trades of 15% or better. That’s 32 in a row. I must be butter cuz I’m on a roll.
Ok..just tell me who the greatest stock picker of all time is…and I will make a brand new $$$MR. MARKET$$$ pick. I am so happy. Oh Baxter you are my little Gentleman!
$$$MR. MARKET$$$
08-08-2007, 05:14 PM
mrmarket
Administrator Join Date: Sep 2003
Posts: 2,732
RIMM ==> The USVI Winner!
--------------------------------------------------------------------------------
I’m at the Little League field and I’m looking at all of the Dad’s leaning over the outfield fence, presumably watching their prodigies taking their turns at bat. However upon a closer look, you see that these adults are actually bent over the fence, with their eyes fixed firmly on a small device in their left hand while their right thumb rapidly moves vertically in some sort of spasmodic ritual. BlackBerry users check the devices obsessively to get their latest e-mail. Yes indeed, it’s the Crackberry dance:
On the Little League field so bright and airy
Where the young boys romp and play with hardly a carey
Hoping for an ice cream Sunday topped with a cherry
As long as they don’t eat too much dairy
Not long ago they had a visit from the tooth fairy
And a birthday present from their Uncle Gerry
Certainly their Christmas will be very very merry
And those lonely nights in the dark bedroom not very scary
But something is awry, making the family wary
Dad once again is transfixed with his Crackberry
I love my crackberry. If I could surgically attach it to my body, I certainly would. When I am away from my crackberry, I am very sad. Don’t have any idea what I’m talking about? Let me give you a hint:
Everyone should own a Crackberry…apparently, this is becoming a reality. Think about it. You’re the Little League Coach. You’re at the field. The field is wet. You need to cancel the game. Do you call 15 different parents to inform them? Of course not, hello Mr. Crackberry.
Today I bought stock in Research In Motion Limited (RIMM) at a price of $224.03. I will sell it in 4 to 6 weeks at 258.01. Here’s why I like RIMM:
Research in Motion is a designer, manufacturer and marketer of wireless solutions for the worldwide mobile communications market. The Company’s primary revenue stream is generated by the BlackBerry wireless solution. The BlackBerry wireless solution consists of wireless devices, software and services. It can provide users with a wireless extension of their work and personal email accounts, including Microsoft Outlook, IBM Lotus Notes, Novell GroupWise and many Internet service provider (ISP) email services.
Who doesn’t love their Crackberry. Look at this chart:
RIMM’s stock is up over 200% in the last 12 months. Sure, the PE is high at 58.5 but if you look at the forward PE of 28, it’s still a great deal.
The biggest deal about the Crackberry is that it is no longer just a business tool. Blackberry has broken into the way of life of every tech savvy consumer in the world. And in a world where text messages seem to be the preferred mode of contact over the good old phone call, the Blackberry will soon become king of all communications devices. Think I’m crazy, ask anyone who owns a crackberry. With the Crackberry, you always get in the last word, and the listener has nothing to say about it. How marvelous!
Blackberries are being made in lots of fancy colors now, not just black, so that’s a big tip off that it is now becoming a consumer staple. But it's not the fancy colors that primarily interest investors. It is results, and on that score RIM has been a top performer of late. Yes, now even you too can be a Crackberry addict:
Company shares are near an all-time high and it's clear that business remains strong, the product pipeline is excellent and there is excitement throughout the BlackBerry world. The BlackBerry is widely considered the most efficient device for accessing e-mail on the go. Over the years it has added voice functionality and Web browsing features. The BlackBerry is a true extension of your desktop, with messages delivered nearly instantaneously, and calendar and contact changes synchronized between the device and the server as they are made.
The success of its recently introduced Pearl brand - the first BlackBerry to include a digital camera and come in the color red - suggests RIM and consumers may have an everlasting love affair. About a third of Pearl sales have been to consumers buying them for personal use.
Iphone? Fuggeddaboutit. Steve Jobless won't steal many CrackBerry addicts. Rivals Samsung and Motorola have already bombed. If you are hooked on Crackberry, nothing else will do. The BlackBerry 8800 possesses GPS, which makes Google Maps much more useful, especially for turn-by-turn directions The iPhone lacks basic cut and paste capabilities. Despite Apple’s reputation for superior user interface design, the BlackBerry possesses keyboard shortcuts that make navigation around and between applications a breeze. The BlackBerry’s phone quality is better than the iPhone’s. The BlackBerry possesses a general contacts application that makes contacting people by any given method more convenient. The battery runs out faster on the iPhone simply because it is used for more tasks. This makes it less reliable for when one must take the device somewhere overnight without the opportunity to recharge.
Management sees the consumer market as an earnings multiple opportunity that is just only beginning to open up. We are starting to think that RIM's play on multimedia may be better than initially assumed."
The company has 9 million subscribers, including more than 2 million outside the U.S. Its pace is quickening. It added 1.2 million customers last quarter alone. From 20 carriers in 10 countries that carried BlackBerry four years ago, today there are 275 carriers in 110 countries. RIMM is poised to gain near 5 million new Blackberry accounts in fiscal 2008.
Two products in the pipeline look HUGE. They are the Curve - its second multimedia product behind Pearl - and the 8830 Blackberry World Edition. Why do carriers like BlackBerry? BlackBerry products bring carriers more than three times as much money as the mobile phone industry average.
Indeed, U.S. sales for BlackBerrys and other smart phones are expected to grow from 8 million units in 2006 to 54 million in 2010. BlackBerrys accounted for 48% of smart phone units sold in 2006 in the U.S.
Last week, when my flight landed in the USVI, I switched on my CrackBerry and it began to buzz with the e-mail that had come in while the plane was flying over the Atlantic. How cool is that?
The stock had gone up more than 1,000% in the two years following 2003 as revenue doubled each year before languishing as it fought a patent infringement suit with NTP. Settling litigation early in 2006 cleared away uncertainty for the company and let the rapid growth in earnings shine through, leading to another double in the stock.
The reason for RIM's profit growth isn't complicated. It's software. RIM has concentrated on writing code that allows BlackBerry users to manage their most valued information in the palm of their hands. While Apple's iPhone focuses on music, video, pictures, e-mail, voicemail and the Web – the same consumer-friendly apps at the core of its Mac operating system – RIM's specialty is serving business customers. Its BlackBerry allows reliable, secure access to some of the most important data on the corporate network.
Looking down the road, foreign markets should offer investing opportunities for decades to come -- particularly China. Research For the past eight years, RIM has aggressively tried to enter the Chinese market. According to RIM's first-quarter conference call, it seems the company finally has the permission it sought. China has become the world's biggest wireless market in the last few years. According to its Ministry of Industry Information, the country contains roughly 487.4 million wireless subscribers and it is projected to grow to 700 million by 2011. The good news is that RIM has demonstrated success in key Asian markets like Japan, South Korea, and Singapore.
So how much money does RIMM make? In the most recent quarter, RIMM reported first quarter results for the three months ended June 2, 2007. Revenue for the first quarter of fiscal 2008 was $1.082 billion, up 16.3% from $930.4 million in the previous quarter and up 76.5% from $613.1 million in the same quarter of last year. The revenue breakdown for the quarter was approximately 76% for devices, 16% for service, 5% for software and 3% for other revenue. During the quarter, RIM shipped approximately 2.4 million devices. Net income for the quarter was $223.2 million, or $1.17 per share diluted, as compared with net income of $187.4 million, or $0.98 per share diluted, in the prior quarter.
Revenue for the second quarter of fiscal 2008 ending September 1, 2007 is expected to be in the range of $1.3-$1.365 billion. Subscriber account additions in the second quarter are expected to be in the range of 1.325-1.375 million. Earnings per share for the second quarter are expected to be in the range of $1.37-$1.49.
That truly is some phenomenal revenue growth. ANAL-ysts have pegged RIMM to earn $5.89/share on $5.4 Billion of revenue in Fiscal year 2008. Ha ha ha. It make me laugh at them like sissy girl. RIMM itself already basically said that they would make these numbers. Gee..I wonder if the company is going to beat its own numbers? Ya think?? Cheese and bread…look at the sequential quarterly revenue growth which is easily over 15% per quarter. This thing is a juggernaut.
$$$MR. MARKET$$$ projects revenues of $5.8 billion dollars which will translate to earnings of over $1.2 billion dollars, which would be $6.28 per share (or 2.09 per share after the 3 for 1 split this month…oh I love splits!). If you take the $6.28 per share and use a modest PE multiple of 45 (which is really low, considering the revenue growth rate) this projects the share price at $282.60, which is well past my selling target.
Why listen to $$$MR. MARKET$$$ when the CEO of RIMM has these wonderful words to say:
Research In Motion has capped a "wonderful year of progress" and expects to continue its strong growth in the future, its co-chief executive told shareholders. "Really, in every respect that I can think of ... it's up and to the right," Jim Balsillie said at the company's annual meeting, his remark paralleling the graph of RIM's stock price over the last 12 months. "It took us over five years to get to our first million subscribers, so the miracle of compounding is really taking effect."
“We are starting fiscal 2008 with strong operating performance, including record revenue, earnings and subscriber results," said Jim Balsillie, Co-CEO at RIM. "After completing our first billion dollar quarter, we are now preparing to ship the 20 millionth BlackBerry handset this summer. This growth is a testament to our strong portfolio of products and services and our successful channel expansion. We look forward to the remainder of the year in which we anticipate continued growth within both North American and international markets.”
Oops, my Crackberry is blinking that red light again. Must check email. Must not put down Crackberry. Everything will be irie. Time to go limin.
Now go ahead and tell me what you think of this write up.
I am HUGE!
$$$MR. MARKET$$$
__________________
=============================
I am HUGE! Bring me your finest meats and cheeses.
- $$$MR. MARKET$$$
In the meantime, over the same period, the S&P 500 was DOWN 0.7%. The market lost money. $$$MR. MARKET$$$ made money. What else is new?
I am HUGE! I must be the greatest. I have 32 consecutive profitable trades of 15% or better. That’s 32 in a row. I must be butter cuz I’m on a roll.
Ok..just tell me who the greatest stock picker of all time is…and I will make a brand new $$$MR. MARKET$$$ pick. I am so happy. Oh Baxter you are my little Gentleman!
$$$MR. MARKET$$$
08-08-2007, 05:14 PM
mrmarket
Administrator Join Date: Sep 2003
Posts: 2,732
RIMM ==> The USVI Winner!
--------------------------------------------------------------------------------
I’m at the Little League field and I’m looking at all of the Dad’s leaning over the outfield fence, presumably watching their prodigies taking their turns at bat. However upon a closer look, you see that these adults are actually bent over the fence, with their eyes fixed firmly on a small device in their left hand while their right thumb rapidly moves vertically in some sort of spasmodic ritual. BlackBerry users check the devices obsessively to get their latest e-mail. Yes indeed, it’s the Crackberry dance:
On the Little League field so bright and airy
Where the young boys romp and play with hardly a carey
Hoping for an ice cream Sunday topped with a cherry
As long as they don’t eat too much dairy
Not long ago they had a visit from the tooth fairy
And a birthday present from their Uncle Gerry
Certainly their Christmas will be very very merry
And those lonely nights in the dark bedroom not very scary
But something is awry, making the family wary
Dad once again is transfixed with his Crackberry
I love my crackberry. If I could surgically attach it to my body, I certainly would. When I am away from my crackberry, I am very sad. Don’t have any idea what I’m talking about? Let me give you a hint:
Everyone should own a Crackberry…apparently, this is becoming a reality. Think about it. You’re the Little League Coach. You’re at the field. The field is wet. You need to cancel the game. Do you call 15 different parents to inform them? Of course not, hello Mr. Crackberry.
Today I bought stock in Research In Motion Limited (RIMM) at a price of $224.03. I will sell it in 4 to 6 weeks at 258.01. Here’s why I like RIMM:
Research in Motion is a designer, manufacturer and marketer of wireless solutions for the worldwide mobile communications market. The Company’s primary revenue stream is generated by the BlackBerry wireless solution. The BlackBerry wireless solution consists of wireless devices, software and services. It can provide users with a wireless extension of their work and personal email accounts, including Microsoft Outlook, IBM Lotus Notes, Novell GroupWise and many Internet service provider (ISP) email services.
Who doesn’t love their Crackberry. Look at this chart:
RIMM’s stock is up over 200% in the last 12 months. Sure, the PE is high at 58.5 but if you look at the forward PE of 28, it’s still a great deal.
The biggest deal about the Crackberry is that it is no longer just a business tool. Blackberry has broken into the way of life of every tech savvy consumer in the world. And in a world where text messages seem to be the preferred mode of contact over the good old phone call, the Blackberry will soon become king of all communications devices. Think I’m crazy, ask anyone who owns a crackberry. With the Crackberry, you always get in the last word, and the listener has nothing to say about it. How marvelous!
Blackberries are being made in lots of fancy colors now, not just black, so that’s a big tip off that it is now becoming a consumer staple. But it's not the fancy colors that primarily interest investors. It is results, and on that score RIM has been a top performer of late. Yes, now even you too can be a Crackberry addict:
Company shares are near an all-time high and it's clear that business remains strong, the product pipeline is excellent and there is excitement throughout the BlackBerry world. The BlackBerry is widely considered the most efficient device for accessing e-mail on the go. Over the years it has added voice functionality and Web browsing features. The BlackBerry is a true extension of your desktop, with messages delivered nearly instantaneously, and calendar and contact changes synchronized between the device and the server as they are made.
The success of its recently introduced Pearl brand - the first BlackBerry to include a digital camera and come in the color red - suggests RIM and consumers may have an everlasting love affair. About a third of Pearl sales have been to consumers buying them for personal use.
Iphone? Fuggeddaboutit. Steve Jobless won't steal many CrackBerry addicts. Rivals Samsung and Motorola have already bombed. If you are hooked on Crackberry, nothing else will do. The BlackBerry 8800 possesses GPS, which makes Google Maps much more useful, especially for turn-by-turn directions The iPhone lacks basic cut and paste capabilities. Despite Apple’s reputation for superior user interface design, the BlackBerry possesses keyboard shortcuts that make navigation around and between applications a breeze. The BlackBerry’s phone quality is better than the iPhone’s. The BlackBerry possesses a general contacts application that makes contacting people by any given method more convenient. The battery runs out faster on the iPhone simply because it is used for more tasks. This makes it less reliable for when one must take the device somewhere overnight without the opportunity to recharge.
Management sees the consumer market as an earnings multiple opportunity that is just only beginning to open up. We are starting to think that RIM's play on multimedia may be better than initially assumed."
The company has 9 million subscribers, including more than 2 million outside the U.S. Its pace is quickening. It added 1.2 million customers last quarter alone. From 20 carriers in 10 countries that carried BlackBerry four years ago, today there are 275 carriers in 110 countries. RIMM is poised to gain near 5 million new Blackberry accounts in fiscal 2008.
Two products in the pipeline look HUGE. They are the Curve - its second multimedia product behind Pearl - and the 8830 Blackberry World Edition. Why do carriers like BlackBerry? BlackBerry products bring carriers more than three times as much money as the mobile phone industry average.
Indeed, U.S. sales for BlackBerrys and other smart phones are expected to grow from 8 million units in 2006 to 54 million in 2010. BlackBerrys accounted for 48% of smart phone units sold in 2006 in the U.S.
Last week, when my flight landed in the USVI, I switched on my CrackBerry and it began to buzz with the e-mail that had come in while the plane was flying over the Atlantic. How cool is that?
The stock had gone up more than 1,000% in the two years following 2003 as revenue doubled each year before languishing as it fought a patent infringement suit with NTP. Settling litigation early in 2006 cleared away uncertainty for the company and let the rapid growth in earnings shine through, leading to another double in the stock.
The reason for RIM's profit growth isn't complicated. It's software. RIM has concentrated on writing code that allows BlackBerry users to manage their most valued information in the palm of their hands. While Apple's iPhone focuses on music, video, pictures, e-mail, voicemail and the Web – the same consumer-friendly apps at the core of its Mac operating system – RIM's specialty is serving business customers. Its BlackBerry allows reliable, secure access to some of the most important data on the corporate network.
Looking down the road, foreign markets should offer investing opportunities for decades to come -- particularly China. Research For the past eight years, RIM has aggressively tried to enter the Chinese market. According to RIM's first-quarter conference call, it seems the company finally has the permission it sought. China has become the world's biggest wireless market in the last few years. According to its Ministry of Industry Information, the country contains roughly 487.4 million wireless subscribers and it is projected to grow to 700 million by 2011. The good news is that RIM has demonstrated success in key Asian markets like Japan, South Korea, and Singapore.
So how much money does RIMM make? In the most recent quarter, RIMM reported first quarter results for the three months ended June 2, 2007. Revenue for the first quarter of fiscal 2008 was $1.082 billion, up 16.3% from $930.4 million in the previous quarter and up 76.5% from $613.1 million in the same quarter of last year. The revenue breakdown for the quarter was approximately 76% for devices, 16% for service, 5% for software and 3% for other revenue. During the quarter, RIM shipped approximately 2.4 million devices. Net income for the quarter was $223.2 million, or $1.17 per share diluted, as compared with net income of $187.4 million, or $0.98 per share diluted, in the prior quarter.
Revenue for the second quarter of fiscal 2008 ending September 1, 2007 is expected to be in the range of $1.3-$1.365 billion. Subscriber account additions in the second quarter are expected to be in the range of 1.325-1.375 million. Earnings per share for the second quarter are expected to be in the range of $1.37-$1.49.
That truly is some phenomenal revenue growth. ANAL-ysts have pegged RIMM to earn $5.89/share on $5.4 Billion of revenue in Fiscal year 2008. Ha ha ha. It make me laugh at them like sissy girl. RIMM itself already basically said that they would make these numbers. Gee..I wonder if the company is going to beat its own numbers? Ya think?? Cheese and bread…look at the sequential quarterly revenue growth which is easily over 15% per quarter. This thing is a juggernaut.
$$$MR. MARKET$$$ projects revenues of $5.8 billion dollars which will translate to earnings of over $1.2 billion dollars, which would be $6.28 per share (or 2.09 per share after the 3 for 1 split this month…oh I love splits!). If you take the $6.28 per share and use a modest PE multiple of 45 (which is really low, considering the revenue growth rate) this projects the share price at $282.60, which is well past my selling target.
Why listen to $$$MR. MARKET$$$ when the CEO of RIMM has these wonderful words to say:
Research In Motion has capped a "wonderful year of progress" and expects to continue its strong growth in the future, its co-chief executive told shareholders. "Really, in every respect that I can think of ... it's up and to the right," Jim Balsillie said at the company's annual meeting, his remark paralleling the graph of RIM's stock price over the last 12 months. "It took us over five years to get to our first million subscribers, so the miracle of compounding is really taking effect."
“We are starting fiscal 2008 with strong operating performance, including record revenue, earnings and subscriber results," said Jim Balsillie, Co-CEO at RIM. "After completing our first billion dollar quarter, we are now preparing to ship the 20 millionth BlackBerry handset this summer. This growth is a testament to our strong portfolio of products and services and our successful channel expansion. We look forward to the remainder of the year in which we anticipate continued growth within both North American and international markets.”
Oops, my Crackberry is blinking that red light again. Must check email. Must not put down Crackberry. Everything will be irie. Time to go limin.
Now go ahead and tell me what you think of this write up.
I am HUGE!
$$$MR. MARKET$$$
__________________
=============================
I am HUGE! Bring me your finest meats and cheeses.
- $$$MR. MARKET$$$
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