Morgan Stanley so-so on RIM, market doesn’t listen

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Research in MotionForbes is reporting that Morgan Stanley analysts aren’t really sure one way or the other with RIM right now. Giving the Waterloo company an “equal-weight” rating, analyst John Marchetti walked the standard RIM tightrope by expecting them to remain the “dominant mobile e-mail solution for large enterprises,” while also stating that stock growth potential was limited due to increasing competition from the prosumer market.

One thing that is certain, however, is that the market’s not listening to him. RIM’s shares rose 3.12 USD, or 4%, to 77.72 USD yesterday, and have shown a steady increase since this happened. What a novel idea, RIM: instead of allowing market paranoia about your ability to compete drive your share price down, “leaked” shots about your hot new device have built hype and raised your market value. Hmm, there’s a lesson here somewhere.

  • shaqinsactown

    Maybe, but only if you deliver what you leak

  • shaqinsactown

    Maybe, but only if you deliver what you leak