Friday, August 31, 2007

RIM shares rise amid Microsoft takeover talk - Boston.com

Plausible, imho 

Research in Motion Ltd <RIM.TO> <RIMM.O> moved higher on Thursday on renewed market speculation that Microsoft Corp <MSFT.O> could be interested in buying the BlackBerry maker.

"Microsoft has been mentioned as a possible buyer," said Frederic Ruffy, an analyst at options education firm Optionetics in California.

"According to speculation, the software giant might be interested in RIM in response to Google's <GOOG.O> recent announcement that it is interested in making its own mobile phone operating system, which would compete with Windows Mobile," he added.

RIM shares rise amid Microsoft takeover talk - Boston.com

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