Discussion in 'Stocks' started by Moreagr, Oct 7, 2005.
data halted on IB
Just lost a patent case. Hope you weren't long.
Sell Sell Sell Sell Sell !!!!!
Lost patent appeal .... Nice play if you are short ....How much will it reduce on re-open ? ...anybodys guess ... but maybe 10 - 15 dollars....
US court rejects RIM's bid to rehear patent case
Fri Oct 7, 2005 11:29 AM ET
WASHINGTON, Oct 7 (Reuters) - A U.S. appeals court on Friday refused to reconsider an earlier ruling that upheld patent infringement charges against the Canadian company that makes the Blackberry e-mail device.
The U.S. Court of Appeals for the Federal Circuit said on its Web site it had turned down a request by Research In Motion Ltd. (RIM.TO: Quote, Profile, Research) (RIMM.O: Quote, Profile, Research) asking that all the judges on the court reconsider the ruling of a three-judge panel, which concluded that the Blackberry infringed 11 patents held by a U.S. patent holding company called NTP Inc.
PALM rallied almost 2 1/2 points after RIMM was halted. Has now sold off. Aynone got a take on whether PALM has any legs here on the heels of this appeals ruling? (no pun intended)
it's ok S&P keeps BUY rating on RIMM...as of the open today...nothing to worry about if you're long...sheah right.
They may break the trades from 11:14 and after call the nasdaq. Waiting for a press release from the co.
RIMM could be a trading BUY today--
If it doesnt open today its going to be a nightmare for the longs
it's gonna tank...once fidelity get out.
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