Thursday, December 01, 2005

Blackberry Emergency

Flash!

From Bloomberg news comes this hum-dinger:

Research In Motion's Blackberry E-mail pager service came closer to being blocked in the U.S. after a federal judge ruled that a proposed patent settlement isn't enforceable and rejected a request for a delay in the case.

US Blackberry users must be experiencing anticipatory withdrawal.

The article continues:

"Essentially, the judge is holding a gun to RIM's head to settle," said Richard Williams, a Garban Institutional Equities analyst in Jersey City, who rates the shares "sell" and doesn't own them. "Ultimately, we believe there will be a settlement soon and for a lot of money. It's in RIM's best interests to pay a one-time settlement."

This could be the beginning of the end for the Blackberry. It's a dark day indeed.

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