Wireless software firm's shares rise fourfold

Article Abstract:

The share price of Toronto, Ont.-based 724 Solutions Inc., which is led by co-founder and chief executive officer Greg Wolfond, rose to $103.5 on the Toronto Stock Exchange. Industry analysts said that 724 Solutions's successful initial public offering is a result of investor's interest in the wireless Internet market.

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Tech community rolls with the punches

Article Abstract:

Waterloo, Ont.-based Research in Motion Ltd., which is a software company, has lost nearly $4 billion in market value. RIM, which is led by chairman Jim Balsillie, promotes an atmosphere among its employees that encourages a long-range perspective.

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Analysts slash tech darling's ratings

Article Abstract:

Industry analysts have downgraded ratings for Waterloo, Ont.-based Research in Motion Ltd. RIm, which is a leading software maker, has lost 44% in share value during the Nasdaq selloff.

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