Research In Motion is back up to recession levels after having been beaten down for months. The stock has leapt up in the past few trading day on talk of the new PlayBook demos. There is clearly something that investors are interested in. The PlayBook tablet comes with new features such as device pairing. BlackBerry users don't need to pay another data bill to use their tablet. They can browse the web using device pairing between the PlayBook and the BlackBerry. The PlayBook also supports Adobe's Flash and allows users to browse YouTube as if it was a desktop experience. The PlayBook is set to be released sometime in Q1 of 2011.
RIM stock has moved up over 12% in the last 5 days, yet still trades with a 10.5 PE ratio.
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