“In the context of the financial viability of the company that is where I shake my head sometimes and wonder what everyone is talking about. The company has no debt, I will report pretty good cash position by the end of March in my earnings call, so I think we did a really diligent job in, not just keeping the company afloat, but also bringing it back to health,”
As to Z10 sales, he and his senior managment team have repeatly stated that Z10 sales is above their "aggresive" expectation and that converts from other platforms (Apple iOS and Android) is a pleasant "surprise." Less
I think Yachman nailed it when he mentioned that not too many stocks rise 140% in less than 6 months like rimm. Up $2.30 Just since march 4th, And they call US #$%$? You end up just having to laugh at the desperation. HA ha hee hee
Sentiment: Strong Buy
funny, i remember rimtards also being led to slaughter by mike l. and baldsillie.
incredible how much faith you put into one leader, the same leader who was head of product development at the time and oversaw BB10's 1+ year delay.
Hiens said he was going to report a "pretty good cash position" and he did. I think the positive cash floe from 3 million Z10 and Q10 shipped in 1Q13 will allow him to report $3.5 billion in cash and earnings of $0.30/share.
He recently became a Canadian citizen. His English is improving, note the recent N4BB interview. On launch, I thought he was awkward. At the Dev conferences, you can see his enthusiasm and he is more relaxed. I am definitely warming up to the guy and think he has put a great management team and turnaround in place. He grows on you. I agree he seems honest and trustworthy.