Monday, August 4, 2003
HP to Buy RIM?
Posted by Ed Hansberry in "THE COMPETITION" @ 12:00 PM
http://news.moneycentral.msn.com/ticker/article.asp?Symbol=US:RIMM&Feed=Bcom&Date=20030801&ID=2760532
Research In Motion's (RIM) stock surged about 26% Thursday and Friday to $27.28 on very heavy volume. The current speculation is HP is going to put in a bid to buy RIM. RIM makes the Blackberry handheld and HP has sold them for years under the the iPAQ brand to businesses.
If this rumor is true, what do you think HP is up to? Will they continue a Blackberry and iPAQ line or do you think they will merge the technologies into a single handheld?
Research In Motion's (RIM) stock surged about 26% Thursday and Friday to $27.28 on very heavy volume. The current speculation is HP is going to put in a bid to buy RIM. RIM makes the Blackberry handheld and HP has sold them for years under the the iPAQ brand to businesses.
If this rumor is true, what do you think HP is up to? Will they continue a Blackberry and iPAQ line or do you think they will merge the technologies into a single handheld?