saying the Electron is coming to CDMA in addition to the "7100" device. In a research note Tuesday, Paradigm Capital analyst Barry Richards said a number of online-trade publications reported the possibility of Research In Motion, known as RIM, introducing a new BlackBerry model, possibly known as the 8700, in the next week or two. The device, codenamed Electron, is expected to come to market in time for the Christmas selling season on the CDMA EV-DO and GSM EDGE platforms through Verizon Wirlesss (VRZ.XX) and Cingular Wireless ( CIW.XX) initially, Richards said.
UBS Investment Research analyst Martin Cecchetto also mentioned the Electron in a research note Tuesday. RIM is expected to launch the CDMA version of its 7100 device, an iDEN version of the 7100 for Nextel's network, an EV-DO version of its 7200 and a new device codenamed Electron that runs on EDGE, he said. "We believe these new products should help accelerate channel replenishment," Cecchetto said.