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BlackBerry Limited Message Board

  • paisleyparkguy paisleyparkguy Oct 2, 2012 3:49 PM Flag

    Amazon for Rimm

    AMZN will offer 10 dollars a share, a low ball figure, but it's there entry into the smart phone mkt tying the kindle to blackberry.

    Sentiment: Buy

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    • No company will be buying nor will be partnering with RIM anytime soon. Sorry. I am long RIM but be realistic. RIM had to secure debt facility since after this quarter a ton of cash will need to go into BB10 to be launched in six continents. Part of why Thor is trying to tell you over and over several more "very challenging" quarters ahead. yes, BB10 will be great but no way is any company going to spend a dime to net on this, not after the Playbook fiasco that was supposed to change everything. No, BB10 is not the Playbook, but RIM will have to prove that on their own first. No one will spend a dime to take that gamble. This is a good long term hold if you don't mind seeing sub 5 before it goes higher. I'm going to just ride it out and not spend too much of my precious time on following every little move. I bought half incase I'm wrong about sub 5, but I will likely be right. If I'm wrong, I have no complaints with it moving higher from here, but highly if not guaranteed unlikely anytime soon.

    • Amazon is selling plenty more tablets than RIM. Are you suggesting that would like to tap into the failure that is QNX on mobile?

      Great thesis.

    • Amzn in bidding war for RIMM

      Yah... uh...huh...

    • Except Amazon runs Android.

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