More on Lenovo/BlackBerry


Sources tell the WSJ Lenovo (LNVGY.PK) is "actively considering a bid for all of BlackBerry (BBRY +0.2%)," not just parts of the company, as is reportedly the case for other tech names.

"Goodbye U.S. gov't contracts," quips Dan Primack. Given the roadblocks extended to Huawei and ZTE by U.S. politicians and regulators, and general concerns about hacking incidents blamed on the Chinese government, it's safe to assume any Lenovo bid for the whole of BlackBerry would receive intense scrutiny.

Earlier: Lenovo reportedly signs NDA with BlackBerry

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Comments (68)
  • LYogi
    , contributor
    Comments (3199) | Send Message
     
    For a whole company bid to succeed it would have to be for really BIG BUCKS.
    17 Oct 2013, 03:51 PM Reply Like
  • Loon-a-tick
    , contributor
    Comments (1928) | Send Message
     
    This will be big news in Canada Yogi. Canada will nix the deal. China is already challenging deals in Canada for other things and this will just throw a lot of wrenches into trade deals. It is a huge challenge especially if Lenovo offers a lot of money like say 17 per share.
    17 Oct 2013, 03:54 PM Reply Like
  • LYogi
    , contributor
    Comments (3199) | Send Message
     
    one would think that there would be possibly be some covenants wrt security (someone mentioned excluding the Certicom patents) to alleviate N.A. concerns...
    17 Oct 2013, 03:58 PM Reply Like
  • Randal James
    , contributor
    Comments (4420) | Send Message
     
    LYogi

     

    I would almost conclude that Lenovo, which still has a cadre of IBMers, must've spent a good amount of time talking with CDN and US officials before making the request - if the story above is true. Good luck!
    17 Oct 2013, 03:58 PM Reply Like
  • LYogi
    , contributor
    Comments (3199) | Send Message
     
    thanks amigo!

     

    I agree because we've heard of Lenovo's interest for quite some time and also BBRY had a meeting with gov't officials to discuss/clarify the foreign takeover rules...

     

    that Lenovo is now officially taking a closer look is positive, positive, news!!
    17 Oct 2013, 04:02 PM Reply Like
  • KIA Investment Research
    , contributor
    Comments (13738) | Send Message
     
    LYogi,

     

    The certicom patents are not the National Security concern but rather the ability of those in charge of the device and secure network to eavesdrop on conversations, emails, etc.

     

    Anyway, of all of the noise surrounding BlackBerry, I think *this* could actually be something.

     

    Good luck to you longs and especially LYogi. You deserve it.
    17 Oct 2013, 05:19 PM Reply Like
  • SimonSaysShort
    , contributor
    Comments (116) | Send Message
     
    So...like $9.01 a share?
    17 Oct 2013, 05:28 PM Reply Like
  • dfedak
    , contributor
    Comments (121) | Send Message
     
    That was very thoughtful Mr. Knowitall. Thanks for that comment!
    17 Oct 2013, 06:06 PM Reply Like
  • gchaput
    , contributor
    Comments (139) | Send Message
     
    $15/share?
    17 Oct 2013, 03:52 PM Reply Like
  • LYogi
    , contributor
    Comments (3199) | Send Message
     
    closer to $20. $25 wouldn't surprise me as then the institutional shareholders who are likely greatly underwater would apply major pressure to the gov't to let the deal go through.

     

    In any event, that Lenovo is interested in the whole kit and kaboodle is very positive as it means other companies might be also and we could see a bidding war before all is said and done.
    17 Oct 2013, 03:55 PM Reply Like
  • KIA Investment Research
    , contributor
    Comments (13738) | Send Message
     
    Here're my thoughts....

     

    I bet Lenovo takes the whole company, ditches BB10, and returns to supplying BB7 devices - both low and high-end.

     

    If all government contracts are lost, so be it. Lenovo will be happy to sell $80 BB7 devices to every kid in Indonesia and Africa.
    17 Oct 2013, 05:23 PM Reply Like
  • freed0m
    , contributor
    Comments (1190) | Send Message
     
    Why not just sell $80 Android? It's crazy to thinnk Lenovo is that stupid....
    17 Oct 2013, 07:11 PM Reply Like
  • Investor55
    , contributor
    Comments (4) | Send Message
     
    Are you serious? Why is it that every one of these pump and dump blackberry lovers comes out from under their rock and says this CRAP!!.. While you chirping away with unrealistic ideas of this companies value, people have lost their shirts!! You should be ashamed of yourself. Their business is falling to pieces, market share plunging, their burning cash, fired 40% of the current staff, written off 1 billion dollars in inventory, screwed up the launch of BBM, oh and their being sued by the shareholders.. I never shorted this stock ever, so I'm saying this from my point of view and not a conspiracy theory.. What you saying is against reality and makes no sense at all. It upsets me that investors are going to listen to this crap and end up in the poor house.
    17 Oct 2013, 09:08 PM Reply Like
  • Zzoot1
    , contributor
    Comments (211) | Send Message
     
    Agreed that its closer to $25.00
    Why?
    Because if Prem Watsa will not get to buy Blackberry out at
    $9.00, then there is no way he will agree to sell below his average of $17.00.
    18 Oct 2013, 08:30 AM Reply Like
  • Greggebhardt
    , contributor
    Comments (407) | Send Message
     
    This would be the end of BIS customers. The US government would kill every Blackberry
    17 Oct 2013, 03:54 PM Reply Like
  • Randal James
    , contributor
    Comments (4420) | Send Message
     
    No, the NSA wanted to exclude some very specific devices still in use.

     

    http://bit.ly/19Nm2t4
    17 Oct 2013, 04:05 PM Reply Like
  • Timmy123
    , contributor
    Comments (112) | Send Message
     
    Who cares if the US government pulls out. If Lenovo buys it, they are interested in a whole lot more.
    Ask yourself this. How much does BBRY make out of the US government - per year? Is that a big issue for Lenovo?
    It certainly is for BlackBerry but for Lenovo, I'm not so sure.
    17 Oct 2013, 03:55 PM Reply Like
  • Blkwtrdragon
    , contributor
    Comments (79) | Send Message
     
    Knowing that they will have to forgo the North America market and if Lenovo willing to pay a premium for BB, so be it, nobody else stepping up.
    17 Oct 2013, 04:13 PM Reply Like
  • Canadian Red Neck
    , contributor
    Comments (396) | Send Message
     
    May be Lenovo is buying Blackberry for selective use in countries like China. Who cares about secure communication in USA? You know, NSA, Prism, etc. HAHAHAHA

     

    Just may be, businesses in USA and Canada will trust the new Blackberry more than they can trust their own government.
    17 Oct 2013, 04:09 PM Reply Like
  • LYogi
    , contributor
    Comments (3199) | Send Message
     
    "Just may be, businesses in USA and Canada will trust the new Blackberry more than they can trust their own government."

     

    well if recent history is any indication they most certainly should!!
    17 Oct 2013, 04:10 PM Reply Like
  • Dantes_Will
    , contributor
    Comments (409) | Send Message
     
    This is the best thing that can possibly happen for the other 3 major ecosystems. Every developed nation that is not China will drop BBRY device use in government or corporate environments.

     

    State controlled companies, Huawei and ZTE already give the PLA back door access to their radio base stations. Lenovo is no different, with several 'princelings' from the old party heading the company. If Lenovo gets their hands on BBRY, you can kiss BBRY security goodbye.

     

    Take a look at Lenovo sales after they bought ThinkPad from IBM. Sales tanked due to Lenovo's piss poor quality control. Add that to the security concerns and it will be a death kneel for BB10 hardware.

     

    There are currently 100MM+ legacy BB7 devices in use today. Most users are already looking to switch out of BBRY, else they would have adopted BB10 by now. Fallout will be even worse if the Lenovo buys the company.

     

    This will be a boon for Windows, iOS, and Droid adoption.
    17 Oct 2013, 04:22 PM Reply Like
  • Randal James
    , contributor
    Comments (4420) | Send Message
     
    Dante,

     

    C'mon dude, you know better'n that. Sales fell along with overall demand for PCs when applefans learned they could play Angry Birds on the iPhones. But of the major computer brands, Lenovo is the one consistently gaining share, unlike some of our old faves like Dell and HP.

     

    Truly, an overall bid by Lenovo is a huge financial undertaking for a company of their size, so this may be just part of a consortium offer but don't dismiss it so readily. For instance, what if they simply want to build and market the phones and let the security reside in Canada?
    17 Oct 2013, 04:34 PM Reply Like
  • Dantes_Will
    , contributor
    Comments (409) | Send Message
     
    "Sales fell along with overall demand for PCs when applefans learned they could play Angry Birds on the iPhones."

     

    This is not correct.

     

    Lenovo bought and took over operations from from IBM in 2005. iPhone was introduced in 2007. ThinkPad sales fell in the first quarters of 2006 and then dropped off a cliff during the 2006 holidays. By 2007 ThinkPad sales were near all time lows. Apple didn't even break 5MM iphone install base until the end of 2008.
    17 Oct 2013, 04:41 PM Reply Like
  • Randal James
    , contributor
    Comments (4420) | Send Message
     
    OK, one might conclude I was joking about playing angry birds before it was invented as well, but how have the recent sales and quality held up for Lenovo? I'd give you choices of awesome, dang well, and better than I expected but you are in a killjoy mood today.
    17 Oct 2013, 04:46 PM Reply Like
  • Dantes_Will
    , contributor
    Comments (409) | Send Message
     
    Sorry... just not happy with the fact that the Canadians are willing to sell out everyone's security to the Chinese PLA for what... not even that much $ in the grand scale of things.

     

    Until the Chinese clean up their open IP theft and hacking policies (yeah right), I would not support rewarding the thieves with a set of keys to your door.
    17 Oct 2013, 04:52 PM Reply Like
  • mapshop1@optonline.net
    , contributor
    Comments (299) | Send Message
     
    @Randel says:

     

    "Truly, an overall bid by Lenovo is a huge financial undertaking for a company of their size..."

     

    Lenovo Group is a public company. Public companies have their own printing presses. Could be a combination of cash and stock.
    17 Oct 2013, 05:03 PM Reply Like
  • Randal James
    , contributor
    Comments (4420) | Send Message
     
    mapshop

     

    If being public is the same as having a printing press, BlackBerry wouldn't be where it is today. It would be like a python swallowing a decent-sized chicken. Possible but the rat would've fit better. Fun to watch though...
    17 Oct 2013, 05:15 PM Reply Like
  • KIA Investment Research
    , contributor
    Comments (13738) | Send Message
     
    You know it's funny; the Chinese distrust debate.

     

    I read that Obama was finding it difficult to explain to Chinese officials that governments spying on governments is something that just happens, and corporations spying on corporations is also business as usual. But governments spying on corporations, or a corporations' customers is simply unacceptable.

     

    Interesting times, eh?
    17 Oct 2013, 05:49 PM Reply Like
  • KIA Investment Research
    , contributor
    Comments (13738) | Send Message
     
    @Dantes,

     

    But what if Lenovo simply dropped the whole DoD security pretense and just made BlackBerry a successful smartphone company?
    17 Oct 2013, 05:52 PM Reply Like
  • Arduino_RaspberryPi
    , contributor
    Comments (376) | Send Message
     
    @Dantes_Will. Then encourage U.S. or other Canadian companies to put in a bid for it. The media, government, corporations and wall street have driven Blackberry to this point. So now its in survival mode. If Blackberry can serve their shareholders best by selling to the Chinese, well, then that says something doesn't it. The western free world has let Blackberry down and its amazing that the Chinese are the ones to show them any respect.

     

    This makes everyone who has ever bashed Blackberry look like a traitor.
    17 Oct 2013, 05:54 PM Reply Like
  • Dantes_Will
    , contributor
    Comments (409) | Send Message
     
    "The western free world has let Blackberry down"

     

    Jesus... lol.
    17 Oct 2013, 07:14 PM Reply Like
  • Dantes_Will
    , contributor
    Comments (409) | Send Message
     
    I see that straw man argument trotted out by the People's Daily all the time.

     

    Monitoring communications to stop someone from flying a plane into a building or blowing up your transit <> monitoring communications to steal IP.

     

    You really don't see the difference between a national government openly stealing IP vs. a private corporation doing so?
    17 Oct 2013, 07:21 PM Reply Like
  • KIA Investment Research
    , contributor
    Comments (13738) | Send Message
     
    Yes I get that Dantes,

     

    The article went on to say that the Chinese would likely not get this subtly and that they would likely see it as hypocritical that the US thinks one kind of spying is OK, while another is not.
    17 Oct 2013, 07:52 PM Reply Like
  • gwynfryn
    , contributor
    Comments (6500) | Send Message
     
    How often are you going to repaste this, DW? It gets tedious, you know? Even if your claims had any merit...
    18 Oct 2013, 08:38 AM Reply Like
  • atnmpg
    , contributor
    Comments (57) | Send Message
     
    BBRY is doing well in Indonesian and the Persian Gulf. Maybe the Arabs and Muslims know something the rest of the world doesn't. Could it be BBRY security capabilities or the cool devices? Maybe both... not sure myself...
    17 Oct 2013, 04:34 PM Reply Like
  • KIA Investment Research
    , contributor
    Comments (13738) | Send Message
     
    There are no Farsi language apps, so a BlackBerry is fine ;-)
    17 Oct 2013, 05:55 PM Reply Like
  • gwynfryn
    , contributor
    Comments (6500) | Send Message
     
    But plenty of farti ones!
    18 Oct 2013, 08:39 AM Reply Like
  • agsaltis
    , contributor
    Comments (2) | Send Message
     
    If there is a bidding war, does it have to start before Nov 4th? Or does BBRY back out of the Fairfax deal and keep tight lipped on the reasons why?
    17 Oct 2013, 04:37 PM Reply Like
  • tiger8896
    , contributor
    Comments (743) | Send Message
     
    Lenovo is not buying BBRY. Canada just blocked the Allstream deal on national security grounds and it would be clearly inconsistent if they let a BBRY deal go through and not the Allstream deal. Add the US applying political pressure on Canada not to approve the deal and you have little chance that a deal with Lenovo goes through.
    17 Oct 2013, 04:37 PM Reply Like
  • Arduino_RaspberryPi
    , contributor
    Comments (376) | Send Message
     
    Maybe then the government should encourage the corps to kick in some realistic bid so it stays in North American hands.
    17 Oct 2013, 05:49 PM Reply Like
  • Gout Attack
    , contributor
    Comments (416) | Send Message
     
    @Tiger ( Red Sox in 6!) CNOOC bought Nexen for 15 Billion without a hitch...If Lenovo pays a strong # and keeps some Of Canada's hard working employed ...they will not stop it.
    17 Oct 2013, 08:06 PM Reply Like
  • Infinity Group
    , contributor
    Comments (572) | Send Message
     
    Different industry different reasons. If canada blocks it, then I think there would need to be a federal bailout if there are no other buyers.
    17 Oct 2013, 11:40 PM Reply Like
  • Chris Lau
    , contributor
    Comments (4215) | Send Message
     
    So..."YogiBerry" for the win?
    17 Oct 2013, 04:38 PM Reply Like
  • LYogi
    , contributor
    Comments (3199) | Send Message
     
    Yee-haw!
    17 Oct 2013, 04:42 PM Reply Like
  • Chris Lau
    , contributor
    Comments (4215) | Send Message
     
    Just checked. As at end of June 2013, Lenovo had $3,413.08B cash, so they are big enough get financing and to make a bid on their own.
    17 Oct 2013, 05:11 PM Reply Like
  • Kenpogi
    , contributor
    Comments (48) | Send Message
     
    My feeling is that both US and Canada gov'ts would pressure BIG tech companies such as CSCO, IBM, AAPL, GOOG, etc to acquire BBRY instead of Lenovo taking it.
    17 Oct 2013, 04:40 PM Reply Like
  • Richard0623
    , contributor
    Comments (178) | Send Message
     
    Best thing to happen would be an actual, official bid from Lenovo. That would strike fear and a sense of urgency to all the other firms circling BBRY to tell them, you better hurry up and make a decision instead of just waiting to see if PW's offer will falter. Another day, another suitor interested, all good news in my eyes, but patiently, for now, waiting for an actual offer. That will really start to make things fun and if you aren't a BBRY long, that will be a great time to trade
    17 Oct 2013, 04:50 PM Reply Like
  • Blkwtrdragon
    , contributor
    Comments (79) | Send Message
     
    Think Amazon!
    http://onforb.es/1i014Kj
    17 Oct 2013, 04:52 PM Reply Like
  • Cliff Hilton
    , contributor
    Comments (2839) | Send Message
     
    I guess BlackBerry is not worthless after all. Can you imagine the Chinese government possessing the best security and the DoD having to settle for that distant second company?
    17 Oct 2013, 04:56 PM Reply Like
  • Arduino_RaspberryPi
    , contributor
    Comments (376) | Send Message
     
    Astonishing isn't it. Why would they let it get to this point? This seems like another wall street game of brinksmanship.
    17 Oct 2013, 06:05 PM Reply Like
  • usajordi
    , contributor
    Comments (200) | Send Message
     
    Is anything wrong with Lenovo if they want to buy BBRY?Any naysayers in the USA want to say no to the sale?
    So it will have to be sold to the companies that had been dedicating all this year to bring the company down, at a heavy discount or give the company for free to them!
    Some were behind the thousand of baseless comments that were always intended to cause serious damage to BBRY!
    So we can be very happy today if Lenovo which is a very straight forward company already well known and respected all over the world, comes forward and wants the company!I think Canada will have to give them the chances to have BBRY even if they establish limitations on the most secret and confidential issues that can be kept under special custody by third party legal escrow.
    Lenovo will not cross any red line and can be trusted as one of the most straight forward companies in the world!
    Go Lenovo & BBRY! together and we wish you both a very successful made in heaven marriage for years to come!
    And if one day you celebrate, please invite us!
    17 Oct 2013, 05:30 PM Reply Like
  • Gout Attack
    , contributor
    Comments (416) | Send Message
     
    @Jordi. I am heartened by your comments. Lenovo with ties to IBM has always been my pipe dream takeover. And I can smell smoke as we "speak" Great insight Usajordi....thanks.
    17 Oct 2013, 08:13 PM Reply Like
  • gwynfryn
    , contributor
    Comments (6500) | Send Message
     
    Good sense about Lenovo at last, us, but the knockers only have to keep pushing the "China" connection, and the muppets will tremble...
    18 Oct 2013, 08:42 AM Reply Like
  • Arduino_RaspberryPi
    , contributor
    Comments (376) | Send Message
     
    I think my target for $30 - $40 a share is looking better today. Like someone mentioned on this forum before "I rather see it go to zero than sell for $9 dollars." He was ridiculed but I know what he means. Zero is not that much less irrational a price than $9 for this amazing company.
    17 Oct 2013, 05:35 PM Reply Like
  • dontfighttape
    , contributor
    Comments (7) | Send Message
     
    I think Lenovo will chose to partner with BlackBerry by buying 49% with a huge cash infusion, licensing BB 10, and making BB devices the top selling brand in China and South East Asia!

     

    I suspect all N. American governments will be happy with such a deal!
    17 Oct 2013, 05:45 PM Reply Like
  • bud zeedee
    , contributor
    Comments (671) | Send Message
     
    You're getting closer. There are many ways in which a deal could be put together. Whatever deal emerges, both BB and the suitor would
    have to develop a package that they could take together to the Gov't of Canada for consideration/approval.

     

    Interesting that so many who have derided BB's security in the past as no big deal now say it's the security factor that would upset a potential foreign take-over.
    17 Oct 2013, 08:45 PM Reply Like
  • Arduino_RaspberryPi
    , contributor
    Comments (376) | Send Message
     
    If the government and corporations are interested in security then maybe they should start thinking about supporting Blackberry now instead of trying to run them to the ground and pick them up for 1 cent on the dollar.
    17 Oct 2013, 05:46 PM Reply Like
  • JoFergus
    , contributor
    Comments (47) | Send Message
     
    Keep in mind that BB's network provides channels for communications that resist spying and sniffing. Many examples of various insurgencies using BB's to communicate as well.

     

    If there are interests in the world (besides shorting parasites and media puppets) that would like to see this alternate network fail and disappear, then presenting the spectre of a Chinese operated BB network would definitely be the lethal blows required to help suffocate BB as we know it.

     

    Remember that Nortel was mined out from the inside by Chinese thieves and insiders.
    17 Oct 2013, 09:14 PM Reply Like
  • Crazy Mazy
    , contributor
    Comments (432) | Send Message
     
    I don't think Lenovo buying Blackberry is a big deal, USA was all ready droping Blackberry so what do they have to lose. Every one said thier devices are too expensive. and eveyone has apple on the brain, so maybe this will be a good deal, and i think Blackberry already got the green light form the Canadian government, remember the article about a month ago where they talked to the Goverment about foreign take over rules.
    17 Oct 2013, 10:41 PM Reply Like
  • Seppo Sahrakorpi
    , contributor
    Comments (2146) | Send Message
     
    Canada's leading newspaper Globe & Mail:

     

    China’s Lenovo raises security fears with possible bid for BlackBerry

     

    http://bit.ly/1gPVRHt

     

    "...If Lenovo’s reported interest resulted in a deal, the takeover attempt would be subject to a tough regulatory review in Canada. The federal government has killed several foreign takeovers under the Investment Canada Act.

     

    That act permits reviews of deals worth more than $344-million. The government has also granted itself broader powers to halt takeovers of Canadian firms by foreign state-owned companies, particularly those from China. And Ottawa recently barred a bid for Winnipeg-based telecom company MTS Allstream by an Egyptian-led group on national security grounds.

     

    “If the Egyptian company raised some red flags for the Canadian government, we should have red fireworks going off if a Chinese company wants to buy BlackBerry,” said Michel Juneau-Katsuya, the former head of Asia-Pacific at the Canadian Security Intelligence Service (CSIS) and chief executive of the Northgate Group, an Ottawa-based cyber-security firm. “BlackBerry is the prime phone used by all government officials and top officials… For that reason alone, it shall not and could not be sold to a foreign entity that is not within the realm of [our] close network of friends.”..."
    17 Oct 2013, 11:53 PM Reply Like
  • samuel_liu
    , contributor
    Comments (2753) | Send Message
     
    I remember May 1995, Canada on Vancouver TV was saying how proud it was to be Cn's sister country.

     

    A Cinderella story!
    18 Oct 2013, 12:00 AM Reply Like
  • LYogi
    , contributor
    Comments (3199) | Send Message
     
    One would think that a possible deal with Lenovo has been cooking for weeks and that is one of the primary reasons BlackBerry approached the government to seek clarification on under what circumstances the Veto under the Investment Act would be exercised.

     

    Although Lenovo stated that they are looking to bid for the whole company, a joint venture is the probable outcome.
    18 Oct 2013, 12:38 AM Reply Like
  • bud zeedee
    , contributor
    Comments (671) | Send Message
     
    The polls are showing that Canada's Conservative government is in disfavor. The opposition Liberals are ahead. There will be an election in a couple of years. To win it the Conservatives are going to need every seat they can muster in Ontario. Five of those Conservative seats are in Kitchener-Waterloo, home of BlackBerry. If the government is presented with a BB deal, foreign or otherwise, that it feels is a negative for Kitchener-Waterloo, it can readily veto the deal, using whichever existing legislative authority is available to it. So, folks, it's politics first and foremost
    that will determine whither goest BB.
    18 Oct 2013, 01:00 AM Reply Like
  • Randal James
    , contributor
    Comments (4420) | Send Message
     
    LYogi,

     

    I'm pretty sure this deal is (wink wink) for real. I read in a bootlegged advance copy of the Onion - an American technical research journal - that several Lenovo engineers were arrested in Montreal last week with this piece of equipment:

     

    http://bit.ly/1i0UO55

     

    They were released because no wrongdoing could be discovered and authorities were puzzled by what it was for.

     

    The Onion learned that, according to the instructions on the box, "The Bribemaster 21-C is state-of-the-art hands-off delivery system. With a range of 1/4 mile (.4 km), it can accurately drop a box on a breakfast or luncheon table with barely a detectable sound owing to the Xenon explosive and compressed gas. Payloads can include up to a size 11.5 Nike Air Jordan box weighing up to 26 pounds (12 kg).

     

    From the Bribemaster website, the payload typically resembles:

     

    http://bit.ly/1i0UO57

     

    The men had names and addresses for the 6 men serving on the Canadian Technology Board.

     

    http://bit.ly/1i0V0kQ

     

    And the Montreal Chief of police.

     

    http://bit.ly/1i0UO59

     

    with apologies all around to the offended, the innocents, the deeply hosed and underwater, the actual people who were not involved in the least, the Onion for further soiling their good name, Lenovo engineers, who are probably great guys, Michael Jordan, Ben Franklin, and everyone else who would like to remind me that this is a serious enterprise with strictly serious topics.
    18 Oct 2013, 01:30 AM Reply Like
  • Investor55
    , contributor
    Comments (4) | Send Message
     
    LYogi

     

    Do you actually believe Canada will allow Blackberry to be sold to a Chinese company.. Are you that delusional?!! After all the negative news and losses, you actually think it will go for 25+ a share? Quit blaming the shorts with conspiracy theories and move on to a better investment.
    18 Oct 2013, 02:19 AM Reply Like
  • Zzoot1
    , contributor
    Comments (211) | Send Message
     
    The losses were self inflicted.

     

    Come on
    Losses on z10 inventory in Q2 $934M
    Also the provision of $463M ( for excess and obsolete inventories)
    gone too.
    Its overkill write off on this new Z10 inventories that is still with Carriers and are still selling.
    18 Oct 2013, 08:46 AM Reply Like
  • Investor55
    , contributor
    Comments (4) | Send Message
     
    Tell that to the shareholders that saw a 25% loss in sept when they released the earnings a week early. Also bring that up to the shareholders in June when we saw a 35% percent stock drop from lack of sales of BB10 and the company hiding information.. Crap painted in gold paint by stock pumpers is still crap. The evidence is in the stock price for the last month.
    18 Oct 2013, 04:32 PM Reply Like
  • LYogi
    , contributor
    Comments (3199) | Send Message
     
    Outright sale? No
    Partnership or hardware only? Yes
    18 Oct 2013, 04:58 PM Reply Like
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