BB dont cost that much per user....recently we switched from BB to a motorla Q something using activeSync....and the reason was not cost, but better sync without having to hookup to laptop.
plus IT can manage the service on their own, no need to deal with Blackberry support.
so the author thinks that people will buy new bold....just because it came out, i am not sure its that simple....businesses dont spend on new handset unless its past the 2 year period and they are entitled for some discount.
plus there are hundreds of competition to BB these days using ActiveSync....
i think RIMM is going to do ok for another 2 quarters and after that all bets are off ( i will start a small short position if it crossed 145, and will keep adding as it goes up, the momentum may carry it all the way to 160 or higher....but that will be heaven for top sellers)
Appetite for Risk? Buy Some RIMM [View article]
i think you need to check your numbers..
BB dont cost that much per user....recently we switched from BB to a motorla Q something using activeSync....and the reason was not cost, but better sync without having to hookup to laptop.
plus IT can manage the service on their own, no need to deal with Blackberry support.
so the author thinks that people will buy new bold....just because it came out, i am not sure its that simple....businesses dont spend on new handset unless its past the 2 year period and they are entitled for some discount.
plus there are hundreds of competition to BB these days using ActiveSync....
i think RIMM is going to do ok for another 2 quarters and after that all bets are off ( i will start a small short position if it crossed 145, and will keep adding as it goes up, the momentum may carry it all the way to 160 or higher....but that will be heaven for top sellers)
Five Great Quality Companies: Are They Too Expensive? [View article]
i remember seeing $150 price targets for VMware.....i hope they revised it down to $75.
and i am sure there were such expectations even from Sbux and Crox.
i think most anal-ist are only in the game to pump or dump....they want to make money for their employer..
Despite Drop, RIMM's Valuation Still Too High [View article]
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yup, sure.. why not?? Blackberry is still the only smart phone in town...as it was the last two years.
hey how about earnings growth slows.....or maybe how about earnings stagnate after 2009??
oops...that will mean stock price goes to $50