MSFT will buy them when the shares get in the teens.
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Thoughts on Research In Motion (RIMM)
- Thread starter MoneyMarket
- Start date
Quote from newguy05:
WHY do you keep bringing up aapl? i already explained to you why it's such a bad comparison when rimm was still above $40.
http://www.elitetrader.com/vb/showthread.php?s=&postid=3191356#post3191356
It's not 10 years ago where hardware still matters, now it's all about the software ecosystem, and guess what? noone is writing any shit for blackberry apps. To top it off, their hardware arent anything special. And their playbook whatever already failed before it even went on sale.
Rimm is just hanging on from their past corporate clients. They need to either go the nokia route and use android/phone 7 or get bought out. Otherwise it's doomed.
AAPL is a very appropriate comparism, I doubt you were even paying attention in 1998. If you want to be taken seriously, you need to make better posts and do some proper research.
Quote from Nine_Ender:
AAPL is a very appropriate comparism, I doubt you were even paying attention in 1998. If you want to be taken seriously, you need to make better posts and do some proper research.
Making a historical analog to AAPL is nonsense. They (AAPL) had shit products and declining market share, but invented *the market* for the MP3 player, and then the iPhone by extension.
RIMM is fucked... unless they discover and patent cold-fusion. The stock will never see its ATH again.
Quote from atticus:
Making a historical analog to AAPL is nonsense. They (AAPL) had shit products and declining market share, but invented *the market* for the MP3 player, and then the iPhone by extension.
RIMM is fucked... unless they discover and patent cold-fusion. The stock will never see its ATH again.
Hmm, "shit products and declining market share". Sounds like all the posts about RIMM these days. Let me see now, an innovative technology company, well staffed, with a proven history of developing and marketing their products. Yet in your wisdom you don't think they can create new products ?
The comparism is bang on. Sorry it makes you so uncomfortable.
Go back to something you American traders like more, like Citigroup or General Motors.
Quote from Nine_Ender:
AAPL was $9 a share in 1999. You'd have been saying the same thing about them at that point. In terms of "staying on top", I've seen IBM, AAPL, ORCL, INTC pretty much stay on top no matter what happens for decades. Seen this story many times, RIMM has the same advantages ( strong workforce, innovative culture, established distribution channels, strong balance sheet ).
Bashing RIMM is a CNBC / US analyst induced hysteria that is very much American in nature. I suppose if Canadians had the same nature, we'd be forever bashing your banks and the pathetic subprime business that brought your country to its knees in late 2007.
If RIMM went under, they would do so after making the principals hugely rich, costing the taxpayers nothing, and owing nobody anything at all. Certainly no Lehmann, that's your American baby to deal with, and we get to deal with RIMM in Canada. Easy choice, RIMM is well liked in Canada, even when they only make $5 a share this year.
Bitter Canadian, eh?
Quote from Nine_Ender:
Hmm, "shit products and declining market share". Sounds like all the posts about RIMM these days. Let me see now, an innovative technology company, well staffed, with a proven history of developing and marketing their products. Yet in your wisdom you don't think they can create new products ?
The comparism is bang on. Sorry it makes you so uncomfortable.
Go back to something you American traders like more, like Citigroup or General Motors.
Comparism? Is that a portmanteau? I ask, because that's the second time you've posted that "word".
Your argument that they have something big in the pipeline is fantasy. WTF does "well staffed" do for RIMM when they lose 300bp in share in a quarter?
"Proven history of developing and marketing their products..." Right, as does any company which sells a product and remains in business. Something that is open to debate as RIMM loses more and more share. The company isn't a target at $30 (3x cash), but maybe as an arb when it's trading at cash ($10/share).
going to a minimum of sub 24,and then drop to 9Quote from Nine_Ender:
I think anyone who shorted this thing the last few months might want to take profits now.
Takeover bid, start a dividend, improved outlook, etc etc. Any of these events would be a shock to the bears. On the downside, how much lower could it really go ? Honestly, maybe I'm missing something here, but how many money makers with no debt actually drop to P/Es of 4, 3 or 2. I'd love to hear about them it would lend some perspective.
Attachments
Quote from empee:
Bitter Canadian, eh?
http://www.youtube.com/watch?v=4VzOUKODdZ4
so funny and sad! How bout those Bruins!!
Quote from empee:
Bitter Canadian, eh?
I wouldn't want to be American these days. Huge housing crash ( many homeowners are underwater ), huge unemployment, and rising taxes ( yes, they are coming ). Things are much better right now in Canada. In fact, our housing prices rose this year; seems more people want to live here.
And I'm really not sure why some of you are so happy to see RIMM have problems. Surely you must realize that as Apple becomes a monopoly in certain product lines, they can increase their prices and the good old American consumer will either have to pay or not have product.
So the rich get richer and the poor get poorer. That surely IS the American way now, isn't it ? APPL as a monopoly isn't a problem if you buy AAPL stock and hold.