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  1.    #1  
    Hi all, FYI.

    See link.

    Take care,

    Jay

    September 20, 2011
    RIM Will Struggle to Restore Credibility: Analyst

    http://www.nytimes.com/reuters/2011/...gewanted=print

    By REUTERS
    (Reuters) - BlackBerry maker Research In Motion must launch innovative devices on schedule and offer credible earnings forecasts to win back the trust of investors made wary by its missteps, an analyst said on Tuesday.

    In a note to clients, RBC Capital Markets analyst Mike Abramsky cut his price target on RIM shares to $29 from $35 and slashed its estimates for earnings per share for the current fiscal year by 11 percent and for the next fiscal year by almost 19 percent.

    He said RIM remains a potential buyout target due to its proprietary messaging services, global subscriber base and strong patent portfolio. He valued a takeout at $30 a share and named Microsoft, Cisco, IBM and Nokia and possible buyers.
    Last edited by HelloNNNewman; 09/20/2011 at 02:57 PM. Reason: fixed title
    Please Support Research into Fibromyalgia, Chronic Pain and Spinal Injuries. If You Suffer from These, Consider Joining or Better Yet Forming a Support Group. No One Should Suffer from the Burden of Chronic Pain, Jay M. S. Founder, Leesburg Fibromyalgia/Resources Group

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