Research In Motion (RIMM) rolls out Blackberry killer

It's not an iPhone killer, that's for sure. It's sleek, black, fiery... frankly, kinda spooky. The Blackberry Bold looks to be the Darth Vader of smartphones. It has a 2 megapixel camera, an SD slot, and much ballyhooed HSPDA (3G) data transfer rates. It's not a touch screen and it has a real keyboard.

WES2008 begins today, RIMM's equivalent of MacWorld. The geek sites are looking for them to unveil a Blackberry OS 4.5 upgrade for existing Curve, Pearl and World phones which will add movie making and streaming video.

The stock has had a big run in front of these announcements. I had suggested buying the stock after their last quarter. I would be a seller into the strength here, looking for a better entry point lower. The near-term story has peaked. I'm offering stock at $138.35 at present.