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Research in Motion Finds Competitors in Motion

 

VANCOUVER, Canada -- In media-convergence circles, all eyes are focused on the wireless industry. The market for mobile phones, personal digital assistants and laptop computers is continually blurring, and futurists are counting the days until the hand-held world's killer app arrives on store shelves.

It's a buzz that helped propel the stock of Waterloo, Ontario-based Research in Motion (RIMM Quote) to mind-boggling heights during the past year.

The producer of wireless hardware and software products, which reached a Nasdaq zenith of more than 175 during March, is now trading at about 25, much closer to its 52-week bottom of 11. Retail investors, mutual fund managers and large stakeholders, such as Intel (INTC Quote), still are licking their wounds from the fall. ...

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