Buy RIM
They closed today at around seven and a half.
I can see market hysteria driving that down even more. Three? Two fifty?
In any case this is a serious company with serious stuff going on and with serious cash reserves.
Where they have seriously lost out is in the 13 year old female market in North America.
That’s a lot of hardware.
Apple owns the teenage market in North America.
RIM owns the US Army and virtually the whole spectrum of high-security markets in the entire world.
That fad-driven US market does have a huge impact on quarterly reports.
But don’t write off the Blackberry folks just yet.
Read more at View From Falling Downs
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