Blackberry is dying the Digital Equipment, Microsoft, Motorola, HP, death of vision-less leadership. Leadership that is strictly SUCKING the remaining BLOOD out of the company so they can keep their high salaries as far into the companies GRAVE as possible.
This is why it is completely dumb to just look at trailing earnings, trailing PE, trailing anything.
KKD is growing earnings at a rate because of the turnaround. Thats what happens (by definition) when you go from a loss to a profit. So, the stock looks expensive with PE 50. But when you look at it with fwd PE, its less than that... 20s I think.
Conversely, RIMM is in HUGE... HUGE... trouble right now because of the Android. There are also mgmt problems at RIMM. They have a strong balance sheet and no debt which means that they can fight back. But they better figure out how -- and fast.