Voices

RIMM: Broadpoint.Amtech Cuts Estimates; Stock Slips

Research in Motion shares are taking a hit this morning after Broadpoint.Amtech analyst Rob Sanderson trimmed his earnings estimates on the company for both the February 2009 fiscal year and for FY 2010. While Sanderson keeps his Buy rating, he notes that the company appears to have reduced its build plans and reduced component orders in the past few weeks.