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Blackberry maker () reported a 52-week high ahead of the company's quarterly earnings report. Stock investing shares of RIMM were up $2. 66, or 1. 8%, to $147. 11. For the first quarter, analysts expect RIMM to report earnings of 85 cents a share on revenue of $2. No rx l arginine patch 3 billion, compared with earnings of 39 cents a share on revenue of $1. 1 billion a year ago. Research In Motion Limited is a designer, manufacturer and marketer of wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software and services that support multiple wireless network standards, RIMM provides platforms and solutions for seamless access to time-sensitive information including email, phone, short message service messaging, Internet and intranet-based applications. RIMM technology also enables an array of third party developers and manufacturers to enhance their products and services with wireless connectivity to data. RIMM's portfolio of products, services and embedded technologies are used by organizations worldwide and include the BlackBerry wireless solution, software development tools, and other software and hardware. RIMM operates offices in North America, Europe and Asia Pacific.

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Jim Cramer said that the BlackBerry maker had "room to run" and could easily "blow through the 52-week high. " Cramer said that despite competitor Nokia's () higher market share, the company lacks RIMM's momentum.
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Net Income for the quarter was $412. 5 million, or $0. 72 per share diluted, compared with net income of $370. 5 million, or $0. 65 per share diluted, in the prior quarter and net income of $187. 4 million, or $0. 33 per share diluted, in the same quarter last year. For the fiscal year 2008, no rx l arginine patch net income was $1. 29 billion, or $2. 26 per share diluted, up 105% over fiscal 2007. Revenue for the first quarter of fiscal 2009 ending May 31, 2008 is expected to be in the range of $2. 23-$2. 30 billion. Net subscriber account additions in the first quarter are expected to be approximately 2. 2 million. Earnings per share for the first quarter are expected to be in the range of $0. 82-$0. 86 per share diluted. The total of cash, cash equivalents, short-term investments and long-term investments was $2. 34 billion as at March 1, 2008, compared to $2. 13 billion at the end of the previous quarter, an increase of $211 million over the prior quarter. Uses of cash in the quarter included capital expenditures of $110 million and the acquisition of intangible assets of $310 million. The July, 2008 $140 position currently has a potential unchanged return of 7% with 6. 8% downside. If the price of the RIMM stock is unchanged at stock option expiration, the position will return 7%. And, as long as the RIMM stock price does not fall more than 6. 8%, the position will be profitable at stock option expiration. For more information about how to identify and research great , visit the website. There you will find the data you need to make quick, clear, and informed decisions. You can trade knowing you have found the best investment. Also, PowerOptions will allow you, with a few quick clicks, to quickly and accurately compare trades. ' premium customer support is second to none in the industry. They can be easily contacted when you need them at their toll-free number to answer customer questions. Call them now toll free at 877-992-7971. provides a of its service. So join PowerOptions today, and you too can start reaping the benefits of the . ' sister company provides expert recommendations. specializes in , naked puts and strategy recommendations. provides a of its service. [tags] Blackberry, wireless no rx l arginine patch, North America, Europe, Asia Pacific, Jim Cramer, NOK, Nokia Corp. ADR, RIMM, Research In Motion Ltd. , covered call investing, covered call investment strategy, investment strategy, iron condor, poweroptions, stock option trading, [no rx l arginine patch] stock options [/tags]


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