Dummy...Chen turned around Sybase. Sybase returned to profitability under John Chen in 2000 and has maintained profitability since SAP acquired Sybase for $5.8 billion but remains Sybase a standalone subsidiary of SAP
You #$%$ make no sense. The CEO has only been here a month and he is already cleaning house. I highly doubt that Chen would hire Alicia Keys...LOL....LOL!
The starry eyed hopefulness of a blackberry turnaround are also the same starry eyed hopefulness who say SPRINT, MICRON, HPQ, BestBuy and YAHOO turnarounds
On the plus side, BlackBerry negotiated a $1 billion convertible bond sale to investors such as Qatar Holding LLC last month. It’s also seeking a tax refund of as much as $1 billion before the end of this year, according to two people with knowledge of the negotiations.
“BlackBerry has the cash resources to get through its transition to cash flow break-even sometime in fiscal 2015,” Todd Coupland, an analyst at CIBC World Markets in Toronto
(He is an old buddy of Chen's, invited in to join the feast)
WOW! You sound like one of those paranoid occupy Wall Streeters
Dont you have a tree to save?
December 9, 2013 12:15 PM EST Send to a Friend
Get Alerts BBRY Hot Sheet
Price: $5.75 -2.21%
While Ontario’s Economic Development Minister Eric Hoskins is positive on BlackBerry's prospects, he said the provincial government wouldn't interfere if the company were to be sold in pieces.
Canada's Globe & Mail said today quotes Hoskins as saying, I don’t think we are going to intervene in a business decision taken by the company ... Our preference is for BlackBerry to remain its own entity and to remain in Ontario.
I don’t think anybody is certain in terms of what the future of BlackBerry holds but it still produces, both on the hardware and the software side, products which are appreciated by a great number of individuals and companies ... I wouldn’t write it off yet. It has the technology which is still very much in demand. But it’s a fast moving business and particularly on the consumer side any company needs to be able to innovate quickly to respond to changing consumer needs and what the market place holds. I remain optimistic, Hoskins said.
The federal government would be the one to decide whether a sale of any part of BlackBerry would be best for the country, Hoskins noted.
The company stock is falling below it's projected breakup value
Of course there will be new buyers you dummy!