RIMM goes ex div on Aug 21 for 3 to 1 Split.....

RIMM is going Ex dividend on Aug 21 in US for 3 to 1 stock split.....so to qualify for split you must buy RIMM by Aug 20th.

RIMM is going Ex Dividend on Aug 15...so Canadian Investors must purchase RIMM by Aug 14 to qualify for 3 to 1 stock split.

As you can see that...there will be tremendous pressure to buy between NOW & Aug 14 because of Canadian earlier Ex Div date.....

RIMM business is booming which is evident from Sales & EPS consensus numbers..which is showing increasing estimates after the "media frenzy of the launch of iphone"

Analyst "firmly believe that RIMM dominance will CONTINUE"

The following are the UPDATED Sales & EPS numbers for RIMM :

Sales 07 $5.47Billion
YOY.........+80.2%
Sales 08 $7.45Biliion
YOY........+36.2%
EPS 07 $5.89
YOY......+76.8%
EPS 08 $7.90
YOY......+34.1%
PE 08...27.66

AAPL PE sep 08 30.10

It is worth noting that AAPL Sales growth rate for Sep 07 & Sep 08 is running @ + 23%...MUCH MUCH slower than RIMM.....

AAPL EPS growth rate for Sep 08 is a measly 17.4%...almost HALF of RIMM.......

Now you know why I am invested in RIMM instead of AAPL.........Numbers "never lie"....iSPIN is something ELSE......

Please do your own due diligence as I own RIMM for my portfolio.

BLOG does not give buy or sell.

Have an enjoyable Sunday...next post around 11AM monday.

Saleem