The

telecommunications

industry closed the day up 0.5%.

RELM Wireless Corporation

(

RWC

),

China GrenTech Corporation

(

GRRF

),

Motricity Inc

(

MOTR

), and

Nexxus Lighting Inc

(

NEXS

) were all decliners today within the telecommunications industry with

Research in Motion

(

RIMM

) being today's featured telecommunications loser. Research in Motion fell 74 cents (-3.4%) to $21.16 on average volume. Throughout the day, 19.2 million shares of Research in Motion exchanged hands as compared to its average daily volume of 24.3 million shares.

Research In Motion Limited (RIM) designs, manufactures, and markets wireless solutions for the worldwide mobile communications market. Research in Motion has a market cap of $11.8 billion and is part of the

technology

sector. The company has a P/E ratio of 4.1, equal to the average telecommunications industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 62.3% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Research in Motion as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and weak operating cash flow.

On the positive front,

TheStreet Recommends

Pendrell

(

PCO

),

KVH Industries Inc

(

KVHI

),

SureWest Communications

(

SURW

), and

RigNet Inc

(

RNET

) were all gainers within the telecommunications industry with

Nokia Oyj

(

NOK

) being today's featured telecommunications industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the telecommunications industry could consider

iShares Dow Jones US Telecom

(

IYZ

) while those bearish on the telecommunications industry could consider

ProShares Ult Sht Telecommunication

(

TLL

).

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