Research In Motion (RIMM) should continue strong

RIMM has been held down of late by iffy cell phone supply chain data, fears of reduced IT spending, Apple's impending entrance into the enterprise server market via Microsoft exchange connections and rumored 9000 series product delays.

RBC is raising estimates in front of the quarter, citing stronger subscriber trends. He's looking for an increase to May guidance. He says business continues to accelerate.

WES2008 (Wireless Enterprise Symposium) is right around the corner in mid-May. It's likely RIMM will unveil their new 9000 series there, along with a much awaited upgrade of the Blackberry operating system that will permit video recording (on camera enabled phones) and streaming media to the existing Blackberry handset base. They'll also be adding some better document rendering software.

I expect other analysts to raise numbers. The promise of new handsets is typically a positive for the stock. I would also expect a Verizon Curve at some point in the near future.

Engadget is out with some pics of the 9000 series and they look pretty hot.

I think RIMM is going to move appreciably higher over the next month as excitement over the quarter and the new handset builds. I'm a buyer.