
86: Fat Chicks from Toronto
RIM BlackBerry Stock, Corporate Layoffs and Service Contracts
Financial analyst Andrew Horowitz suggests that Research In Motion (RIM) stock gains may be artificially inflated by corporate layoffs. When employees are fired, they lose their company-issued BlackBerrys but often purchase new ones to maintain their mobile habits, while the original corporate service contracts remain active. This creates a temporary surge in hardware sales and subscriber numbers.
