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Title: MSFT interest in RIMM in unconfirmed chatter Post by: Tanya on August 30, 2007, 07:04:40 PM MSFT interest in RIMM in unconfirmed chatter
Research in Motion Ltd. volatility up prior to unconfirmed Microsoft Corp. buyout chatter. RIMM is recently trading up $1.33 cents to $83.11 on unconfirmed speculation MSFT is considering the purchase of RIMM on rumor of Google Inc. introducing GPhone. RIMM has a market cap of $45 billion. MSFT has a market cap of $267 billion. RIMM is expected to report EPS on October 4. RIMM September option implied volatility of 47 is above its 26-week average of 42 according to Track Data, suggesting larger risk.Continue At Source via http://www.engadgetmobile.com/2007/08/30/a-match-made-in-hell-microsoft-eying-rim/ Continue to this article at Bink.nu http://bink.nu/Article11058.bink |