RIM Reaper Comes for Tech Faithful

SAN FRANCISCO -- For those investors clinging to Research In Motion(RIMM Quote) as one of tech's last safe havens, please release your grip now.

The maker of the ubiquitous BlackBerry handheld device said late Tuesday that it will post third-quarter earnings and revenue below both its prior projection and current Wall Street estimates.

The company's revenue forecast of $2.75 billion to $2.78 billion, for example, was as much as 7% below analysts' consensus projection of $2.96 billion.

Shares of RIM fell as much as 4% in early trading, but bounced back to a recent gain of nearly 1% to $37.68 as the broader market climbed in an attempt at an almost-unheard-of sixth rally in eight sessions. ...