Long time readers will know that I was the first to identify RIM as a new technology that would be a leader in it's field. This was in October of 1997 and now 10 years later I have found another same situation. These are extraordinary opportunities and they don't come often, so 10 years later should come as no surprise. I was fortunate to use RIM's technology before it came out and I can say the same thing about this new company and is why I sound so hyped up about it.
We bought RIM stock when it came out of the gate and ended up selling when it went over $100 for a gain of over 1,350%. If you held a long term position as I suggested, you are now up an amazing 8,164% accounting for a 2 for 1 stock split in 2004 and a 3 for 1 split this year. A $5,000 investment in RIM in 1997 would now be worth $408,223.
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