Mark Evans

Is RIM Over-sold?

Research in Motion shares have taken a beating recently but at least one
analyst belives it has been over-sold. In a new report, UBS
Securities analyst Michael Urlocker said
checks with North American carriers and IT managers suggest the
Blackberry continues to sell well into the corporate market. While
there is certainly a lot more talk about competition from rivals such as Good Technology, Seven and Visto,
Urlocker contends RIM is still the clear market leader. That said,
Rogers Wireless has signed licensing deals with Visto and Seven as it
looks to extend mobile e-mail to the mainstream market, which may be
reluctant to pay a premium price for the service.