Research In Motion (RIMM) 01 (Sep 08 - Oct 11)

[profittaker]

Still refuse to die at 52.32.

[iam802]

careful of the bounced back when they resolve issues with middle east.

[profittaker]

careful of the bounced back when they resolve issues with middle east.

Thanks 802. Now I see why, Clinton is coming into picture.

Saudi Telecom Co., Etihad Etisalat Co., known as Mobily, and the local unit of Kuwait’s Mobile Telecommunications Co., known as Zain KSA, were ordered to stop messaging services today after a yearlong consultation with RIM failed to bring BlackBerry functions into line with Saudi Arabia’s telecommunications laws, the regulator said this week.

Government officials were still in talks with RIM over the issue this week, Sultan Al Malik, a spokesman for the regulator said in an e-mailed response to question Aug. 4.

“There is a legitimate security concern,” Clinton said, “but there’s also a legitimate right of free use and access.”

Turkey’s telecommunications regulator today said there are “serious” security weaknesses related to Blackberry services in the country, adding that it has set up a committee to look into the matter.

[kennynah]

yes...hillary made some announcements abt rimm today

[iam802]

BlackBerry Torch already being sold at discount

http://news.cnet.com/8301-13506_3-20013 ... 7-1_3-0-20

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Notes
- Launched last week
- Discount now
- Feels like Palm all over again.

[iam802]

RIM Consumes Cellmania

http://digitaldaily.allthingsd.com/2010 ... cellmania/

Note:
- mobile content platform and white-label app store provider for the likes of Sprint (S) and AT&T (T).
- Clearly, the app store is where most device manufacturers are trying to make money from.

[iam802]

If you are short, watch out for the bounce.

[iam802]

RIM Offers India Compromise to Avoid BlackBerry Service Ban

http://www.bloomberg.com/news/2010-08-2 ... e-ban.html

Research In Motion Ltd., facing a possible ban on its BlackBerry service in India, offered to lead an industry forum in developing ways to balance the country’s security needs with customers’ privacy requirements.

The Indian government has said it will ban some BlackBerry messaging services Aug. 31 unless RIM resolves concerns that the smartphones may be used for terrorist attacks or other illegal activity. Waterloo, Ontario-based RIM said yesterday it wants to find ways to address the government’s requests, while making sure its customers’ communications are secure.

RIM is seeking growth in emerging markets as it faces increasing competition in North America from Apple Inc. and Google Inc. At the same time, countries from India to Saudi Arabia and the United Arab Emirates have threatened to curtail BlackBerry messaging services over concerns they could threaten national security and local mores.

“This whole security issue was definitely unexpected,” said Steven Li, an analyst with Raymond James Ltd. in Toronto. “This is something of a perfect storm.”

RIM fell 1.9 percent to close at $46.84 on the Nasdaq Stock Market yesterday, the lowest level since April 1, 2009. The shares have dropped 18 percent since authorities in the U.A.E first announced a planned BlackBerry ban on August 1. They have declined 31 percent this year.


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[kennynah]

I continue to be unimpressed by this company n her product/service offerings

[iam802]

Let's Short. Short. Short. (until buyout...then 'burn', 'burn', 'burn')