Canada.  Ice hockey, maple syrup, Niagara Falls.  And then there's RIM (Research in Motion).

I was typing this half way when my boss asked me to go for a long meeting.  Which i complied. Anyways,  here is the continuation:

As most of you are probably aware of, RIM makes the ubiquitous Blackberry, which has lost a fair share of 'hot air' to the iPhone 3G of late.  Sure, no serious business user will consider a drastic move to the iPhone 3G.  But the price point is too catchy for any telco to push it aside.  Problem is, AAPL is still restricting it to Cingular/AT&T.  So we may see the Blackberry as still the frontrunner for the time being.  Time being including this previous quarter.

Word of caution, however.  It is overvalued ( i will show  you the calculation later tonight).  Too much hype has been priced into the current valuation.  So many analyst are upgrading it, including the (recently bruised and battered) Lehman Bros.  So consider that it will continue to go up in pricing until next Wednesday (June 25th).  And then what happens is anybody's guess.

But expect it to gain some even tonight, way up until Friday.  The better performing mutual funds are slowly taking profits, while the others keep buying in.

Tonight I'm going to share some technical analysis on RIMM. Stay tuned