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March 3, 2006
Research back in motion, Fri., Mar. 3, 2006, 5:07 PM
A judge has accepted a "full and final" settlement of $612.5 million between NTP and RIM. So RIMM is no longer motionless, and I'll be buying a BlackBerry finally. The stock is up sharply in after-hours trading.
Note the last few minutes of trading going into the 4pm close. Do you see how there was a leak here too?
Isn't there always?
I wonder what the SEC thinks, or if they care?
p.s., 5:20pm--
Now apparently, RIM is pre-announcing a serious earnings miss (65 cents vs 75 - 85 cent estimates). Wow.
So good news is balanced with bad news.
Posted by Posted by Bill Cara on March 3, 2006 05:08:57 PM | Category: 45 Info Technology