RIM continues to plunge

Jun 29, 2012

By Bob Komsic

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A technology analyst says Research In Motion is between a rock and a hard place.

Carmi Levy says the Waterloo-based company is trying to convince consumers that it remains relevant, but it doesn’t have anything relevant to offer them.

That’s the challenge RIM will face after the surprise delay of its new BlackBerry operating system.

RIM shares closed today down more than 20 per cent — or $1.92 — to $7.54 on the Toronto Stock Exchange — a 9-year low.

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