RIM
You have to love the speculation that surrounds RIM's legal woes. Seems the stock tumbled yesterday after someone decided a US court was going to make a decision in the patent battle between RIM and NTP. Turns out the excitement
was based on the decision writing habits of the one judges expected to write the decision, and not on anything concrete. You would hate to be the person who sold RIM when it dropped $10 yesterday before it bumped up again. There was also some interesting analyst activity on RIM. UBS Warburg's Mike Urlocker downgraded his rating to “neutral” amid concerns RIM's new 7100 device will not be a major success. Urlocker does not think the 7100 is particularly user-friendly - citing the need to triple punch the keyboard to punch out messages. There are, however, reports that the 7100 is selling well. At just C$299, the 7100 may be one of the hits of the important fourth-quarter sales season.
