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dpdoor (31.21)

Rimm Predictions

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September 20, 2007 – Comments (0)

Using the existing rate of growth: Rimm is worth $93 now and will be worth $91 after the Q3 report. The eps will be up a great 18.7% to .46 but the rate of growth is slowing so the P/e will drop to 61x. The revenues need at least a 20% growth above q2 and an eps of .47 to be worth $95. A 26% growth and a eps of .49 would equal $109. It needs to hit its highest estimated eps to be worth owning.  If it has a poor outlook due to cutting prices and heavy competition the stock prices could fall drastically. These are my mathematical calculations and I am not an expert.

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