On Jan 11th, Collective Intellect reported that Industry expert Michael Mace (former VP at Palm and former Director at Apple) believes the drop in RIMM’s stock yesterday in response to the iPhone announcement is an overreaction:

“RIMM’s stock was hammered today, but I think that’s a mistake. Yes in the long term there’s a risk to RIMM from any new competitor, but stock market valuations are not generally driven by multi-year trends. The iPhone as currently designed is a lousy device for RIMM’s communication-centric users because it doesn’t have a keyboard and because it can’t handle Outlook attachments. It has a lot of features those communication-focused users don’t care about and won’t pay extra for.” Maven Source

Today, Jan 29th, James Faucette, Pacific Crest analyst published the following research piece:

RESEARCH IN MOTION, RIMM, Outperform

Checks show BlackBerry sales steady through Jan

Represents upside vs expectations of post-holiday slowdown

Could result in $0.03-$0.05 of EPS upside to Feb-q

Also, no signs of pending iPhone launch slowing smartphone sales

Recent concerns about retail Pearl price cuts are unfounded

With estimates likely to go higher, view RIMM as attractive.

Just another example of how ideas are presented by Mavens in the blogesphere long before traditional analysts publish research.

Tags: Analyzing Consumer Generated Media //