Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post

darklord700 · 07-26-2011, 01:25 PM

Life being number 2 or 3 in the tech world is brutal. The days that RIM dominates or monopolizes the market is over. The question now being will they survive? They still have a stranglehold in the business world and that's not likely to go away unless they do something really stupid.

So I don't think they will be the 2nd Nortel or Nokia. They still make good profits, right around $5/share and with the current share price at $27-28, P/E is only 5 which is really low.

If this is a O&G stock, I'll bet on it. Tech stocks are much more volatile but I'm willing to be a couple large on the stock being oversold at the moment.

07-26-2011, 01:25 PM	#56
darklord700 First Line Centre Join Date: Oct 2009 Exp:	Life being number 2 or 3 in the tech world is brutal. The days that RIM dominates or monopolizes the market is over. The question now being will they survive? They still have a stranglehold in the business world and that's not likely to go away unless they do something really stupid. So I don't think they will be the 2nd Nortel or Nokia. They still make good profits, right around $5/share and with the current share price at $27-28, P/E is only 5 which is really low. If this is a O&G stock, I'll bet on it. Tech stocks are much more volatile but I'm willing to be a couple large on the stock being oversold at the moment. Last edited by darklord700; 07-26-2011 at 01:28 PM.