Purchased Research in Motion (RIMM) today, maker of the Blackberry phone.  RIMM generates too much cash to ignore, and is selling at a discount to conservative growth estimates.  RIMM has had explosive growth of free cash over the last 10 years.   FCF keeps growing around 45% per year, revenue over 50% per year.

Being a tech stock we have to be conservative about future growth, but RIMM seems intent on using it’s cash stockpile to keep up with consumer and business demands:

RIMM battles back with Blackpad

I purchased this stock at $47.53.