Hi all,

FYI. See link.

Take care,

Jay

RIM at risk of ‘Nokia-like demise,’ warns analyst
DARCY KEITH | Columnist
Globe and Mail Update
Published Wednesday, Aug. 24, 2011 2:49PM EDT
Last updated Wednesday, Aug. 24, 2011 6:28PM EDT

RIM at risk of ‘Nokia-like demise,’ warns analyst - The Globe and Mail

Kevin Dede, analyst with New York-based equity research firm Brigantine Advisors, made quite clear he isn’t a fan of Research In Motion Ltd. (RIMM-Q28.571.073.89%) as he initiated coverage on the company today.

Despite having lost more than half their value over the past few months, he slapped a “sell” rating on RIM shares, while assigning a $20 (U.S.) price target. That’s among the most bearish on the Street; estimates range between $18 to $90 with a median target of $33 (U.S.), according to Capital IQ.