R-I-M Learning About Outages (RIMM)

Posted in pre-market 
December 23rd, 2009

Research In Motion Ltd. (NASDAQ: RIMM) is trading lower this Wednesday morning.  The company said late Tuesday that its technicians were working to resolve e-mail messaging delays and restore normal service on its Blackberry in North and South America.  The problem is not that happened, because it has happened before and will happen again.  The problem is that this is its second ‘technical issue’ in less than a week.  At 8:57 AM EST shares are down 0.7% at $66.70 on over 310,000 shares traded.  This is also after it had a major run on its earnings.  R-I-M’s 52-week trading range is $35.05 to $88.08.


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