RIM Stocks Nosedive

Posted on Oct 20, 08 11:06 PM PDT

RIM stocks have taken a battering of approximately 10%, hitting the $50 region after analysts from Pacific Crest Securities issued a pessimistic outlook on poor sales of the latest T-Mobile BlackBerry 8220. Do you think the impending BlackBerry Storm will be able to help RIM get back on their feet? Guess the BlackBerry Pearl Flip ain't really what the market is looking for, which means those market research guys at RIM ought to beef up that department with a little bit more savvy folk who are in tune with what the market wants.

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