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To: Salt'n'Peppa who wrote (139201)8/17/2010 12:28:19 PM
From: Salt'n'Peppa  Respond to of 206326
 
RIMM partial approval today by Indian govt.

IMO, those option premiums will not be high for long.
The $47.50 Dec RIMM puts have seen a lot of action today.
The CDN side activity is subdued.

S&P

This just came out:
reuters.com

A technical team from Research In Motion (RIM.TO) (RIMM.O) began discussions with India's telecommunications ministry and intelligence agencies on Tuesday, the source said, seeking to address security worries over some of BlackBerry's services.

"Discussions have started today. They will continue this week and whole of next week. Discussions are on both the services," said the source on condition of anonymity.

The government expects some sort of technical solution from RIM to emerge during the discussions, he said.

When asked if BlackBerry would be allowed to operate after Aug. 31, he said: "BlackBerry services, including phone, SMS and Messenger will run, not sure about enterprise mail."

Research In Motion (RIM.TO) (RIMM.O) has assured India of manual access to BlackBerry instant messages by Sept. 1, and automated access by year-end. They are yet to get assurances for its more secure corporate email, sources said.