End of BlackBerry?

Just a year ago in December, 2004, investors of high flying technology stock, Research in Motion(RIMM), were cheering for the incredible investment return. As the maker of famous Blackberry platform and devices, Research in Motion had seen its stock sky-rocketted from $8 per share in October, 2002 to as high as $124 per share. After the 2:1 stock split that same month, the stock went back to the 100 mark just half year after the split. The investment of return was an incredible 2500% return in 2 years!!

However today after the federal judge rule against the patent settlement between Research In Motion and NTP Inc, the company who claims the patent right of Balckberry technology, the high flying stock is probably ready for a huge nose dive. If Research In Motion still could not find a settlement with NTP with reasonable amount, the banning of Blackberry in US could crash this high tech ready to be giant. Looking at how the stock of Taser International(TASRE) performed and you'll see how devastating RIMM could become if the case isn't settled soon. The stock of Research In Motion is down almost 4 dollars or 6% to $61 per share.