New York Daily News

Blackberry getting squeezed

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SHARES OF Research In Motion fell more than 7% after a Morgan Stanley analyst said the BlackBerry maker would have to shrink considerab­ly to survive.

That would erase much of RIM’s earnings power, the analyst said in a note to investors in which he downgraded RIM to “underweigh­t” from “equal weight.” He had little faith next-generation BlackBerry 10 devices will reverse RIM’s decline.

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