Jim Balsillie - Quebec should've its own NHL team
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05-16-2008, 03:59 PM
Join Date: Jun 2006
Location: Toronto / North York
Originally Posted by
You think the company's underpriced? What's it done to be worth more than American Express, a company that produces more than 10 times RIM's owner earnings?
I know it's growth, but damn would it have to grow like crazy to be worth the price. Especially considering tech changes overnight.
I don't think it's underpriced per say, but it's still as not reached maturity imo since they are not yet launched everywhere. Also, while you are right that technology changes often, they are not really selling technology, it's more a conceptual success(mobile messaging for the business users). They are likely to face some competition, but for the moment, nothing serious is even on the market against them.(Apple is working on it, with a business IPhone)
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