With Apple Bearing Down, It's Time to Sell RIM

6/27 - "RIMM's dream run is beginning to look like a thing of the past. Its shares are up a whopping 70% over the past 5 months, and 33% since its last quarterly report. In a choppy market, investors were paying too much premium for a company that depends on just one basic product, albeit in different versions."

"The 3G iPhone will support corporate email, which has been the Blackberry's USP and the only major reason why executives and managers have been devoted to Blackberry. Also, the number of applications being developed for the iPhone will generate a huge interest among younger consumers to go for the "cool" factor which is missing in the Blackberry. And the iPhone sells at $199, which puts enormous pressure on RIMM to slash rates on the Blackberry Bold (its next model) to a competitive level."

"The bottom line is that it's time to sell RIMM. The company has...