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BlackBerry Limited Message Board

  • bobbii_rotten bobbii_rotten Jan 29, 2013 9:33 AM Flag

    RIM CEO: We'll Do a 'Muhammad Ali Thing in Round 8' BONG!!

    Read more: RIM CEO: We'll Do a 'Muhammad Ali Thing in Round 8'.)
    ever watch RAGING BULL ??

    CLASSIC movie........CLASSic..Co. !!!! BONG !!!
    At least for now, however, the battered company has reinserted itself into the digital war, giving investors a reason to believe RIM could see a revival. It also comes just as the market appears to be falling out of love with Apple, one of RIM's fiercest competitors.

    "If you can stomach …the volatility, I think you'll be better rewarded this year if you stick it out," Eric Jackson of Ironfire Capital, said recently on CNBC.

    Despite comparisons to wilted Nokia and the now non-existent Palm, Jackson notes that RIM still has more than 80 million loyal subscribers who may be inclined to buy the BlackBerry 10.

    "If only about a third of them buy this new phone, it will be a home run, Jackson said, adding that the stock could easily double to levels above $30 by year's end, even amid head-spinning volatility. "Apple can't see that kind of return," he said.

    Still, other observers question how much substance really underpins RIM's rally. As Monday's selloff shows, skepticism remains the market's default position.

    "I think it's safe to say there's a lot of uncertainty before the general public gets to try the product," said David Tan, assistant professor of strategy at Georgetown University's McDonough School of Business.

    Sentiment: Strong Buy

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