Research In Motion Pullback is an Opportunity

Research in Motion (RIMM), the maker of the popular Blackberry smartphone ran into some headwinds last month when it missed earnings estimated by a penny. That was enough to send the stock down 10% from a near high of $145. The market pull back further pushed the stock down all the way to $115 last week. RIMM might have missed earnings by a penny, but its earnings were far from shabby at 115% over last year. The company stated higher R&D costs and operating expenses both of which would help their business in the long run.

Many people compare RIMM to Nokia (NOK) - that RIMM is too expensive relative to the market share they have in wireless handsets. However, Nokia's handsets tend to be cheaper, with lower margins, and Nokia does not have or charge their users for a proprietary network that delivers email instantaneously.

The Bold and Thunder are both new cutting edge...