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Aug302007

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.

More info….

Smart Phone, PDA, MSFT, RIMM, GPhone, EPS

Source:→ bloggingbuyouts

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