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No. of Recommendations: 1
I like this company a great deal and have owned shares since Aug 99, but I don't think that the current valuation can be sustained in this market. All of the great tech companies with high multiples, no matter how strong they are, have been hammered, and I don't see why RIMM should be any different. A three-digit p/e, let along a four-digit one like RIMM recently sported, is just not going to cut it these days.

I sold half of my position yesterday, and I'll hold the rest through whatever storm is coming, but I think we're looking at more down before we see up again. You all be careful.
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