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  • BlackBerry lower; Bloomberg, analysts speculate breakup on tap [View news story]
    Prem Watsa resigned so that he would not be in a conflict of interest if he decides to buy the whole company. He said as much in his public statements.

    To characterize this as a "defection" is either wildly inaccurate or deliberately misleading.
    Aug 21, 2013. 05:45 PM | Likes Like |Link to Comment
  • BlackBerry: A Speculative Stock Poised To Bounce [View article]
    Concerning Home Depot, it has been reported that they were given iPhone 4S handsets free by AAPL. It was a pure economic move.

    Concerning MOA, does anyone really care?

    I will only start to get concerned if banks, industrials, governments and others leave BBRY after the Z10 has launched in the US.
    Feb 22, 2013. 01:33 PM | Likes Like |Link to Comment
  • BlackBerry Creates The Foundation Of Its Future - A Bright One [View article]
    Great article!

    The point about security is really, really key for enterprises and will become more so with consumers as secure payments technology rolls out. My employer has rejected BYOD due to security concerns and will slow roll BB10 to ensure there are no vulnerabilities. Yesterday's NYT article about Chinese military hacking of Canadian and US companies and governments just underlines the very real concerns that any responsible business should have.

    In a former job, I designed a secure military computer system that included a highly secure operating system. During the certification of the system I learned a few simple rules concerning OS security:

    1) Security can never be retrofitted. It must be designed in from the ground up.

    2) Simpler is better. The fewer lines of code that need to be reviewed and tested, the more security can be assured.

    3) The longer an OS has been in service, the more trustworthy it is (time to shake out vulnerabilities.

    QNX follows all these principles. It was designed to be secure, enabling the Balance feature that many organizations cannot wait to implement. It's 100 000 LOC microkernel has been in service in the highest reliability applications for a decade.

    For consumers, none of this may matter (though it should; how many of us do banking on our phones?). For the enterprise, using anything else would almost constitute malpractice.

    I'm long BBRY.
    Feb 20, 2013. 04:26 PM | 2 Likes Like |Link to Comment
  • BlackBerry - Some Roads Aren't Meant To Be Traveled Alone [View article]
    This reply deserves to be a whole article; one of the best summaries of the BB10 value proposition and rebuttal of common bear arguments.

    On 7., the carriers are believed to want a minimum of 3 viable OS to promote competition between vendors. The carriers have enormous weight on pricing, in-store sales volume and marketing. You choose between Windows and BB10 for #3, but the weight of evidence is on BB10 in my opinion.
    Feb 20, 2013. 04:26 PM | Likes Like |Link to Comment
  • How To Play The Tesla Motors Earnings Announcement [View article]
    I just want to echo some of the responses upthread. I work directly with a number of SpaceX engineers. They are much, much sharper than the aerospace industry average. They are also virtually all in awe of Elon's intellectual capacities and deep grasp of topics like rocket motor design, thermodynamics, orbital mechanics and needless to say software development. He is also one of the hardest working human beings on the planet.

    "He has a bachelor's in business, and a bachelor's in physics, who essentially flunked out of graduate school."

    He didn't flunk; he quit. He rightly concluded there was nothing for him to learn there and decided to go straight on to changing the world. There are a few other tech visionaries that achieved disruptive change in their markets without benefit of a single university degree - Gates and Jobs come to mind.

    Also like Bill and Steve, Elon is no saint. He drives his people extremely hard, has limited tolerance for failure and limited patience with those who don't share his intellect and drive.

    All in all, not bad credentials or qualities for a game changing CEO ;)
    Feb 20, 2013. 01:50 AM | 5 Likes Like |Link to Comment
  • Blackberry: Simple Reasons To Go Long [View article]
    Great article. I have been following RIM as a company since 2007 and been long for about a year. Thorsten has a solid strategy and is executing extremely well.

    Interestingly, many comments point to a BBRY/AAPL dichotomy as if both can't be successful. I am long both due to a careful look at fundamentals and a belief that the smartphone market will continue to grow, especially in emerging markets.

    BBRY remains a very high risk investment but the upside potential is huge. "Balance" will bring back business users in droves (you don't want to know how hobbled my Bold 9900 is). QNX is a revolutionary operating system and "mobile computing" is the real long game.I am looking for an opportunity to pick up more shares on the next dip.
    Feb 18, 2013. 06:18 AM | 3 Likes Like |Link to Comment