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Investing in RIMUser Forum Topic
Submitted by SmellsFeeshy on June 20, 2011 - 1:46pm
As I'm sure most of you know Research in Motion (RIMM) has been getting hammered the past couple of days. With the stock at $25.89 currently do you think it's a good time to go long or short? I've read arguments for/against and it's tough to call. On one hand they are going downhill fast and have almost no chance against Apple and Google for at least the next year or so. On the other, they have zero debt and 4 billion in cash and it's hard to imagine it getting much worse.
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I shorted it at $39...
Imho.. RIMM is dead... Yes, they might be able to hold onto their business customer base. BUT, they clearly are not going to be a smartphone leader unless they have a major architecture overhaul.
Apple didn't kill rimm and nokia alone...A lot of the damage done was from Android....
Imho.. RIMM is dead... Yes, they might be able to hold onto their business customer base.
I agree.
Even the government is moving to iPhone and Android now.
Businesses are getting a lot of pressure from the employees who want non-blackberry smart phones.
I must be a dinosaur as I love my Blackberry. Its not a toy but it a very effective communication enabler. Better than an iPhone or Android phone for what I do. I am all about function over form.
Rimm's problems are two-folds imho.
They own an ecosystem that is closed that they control and they control phone designs...On the ecosystem front, they need to outdo the expanding android ecosystem and the saturating iphone ecosystem.
On the phone front, they have to compete with the Koreans and Taiwanese companies on the high end smartphone markets, which will absolutely crush the high end markets. And the Chinese companies are going to crush the lower end markets by offering smartphone at price points of was-feature-phones...
I think the only company that will reasonably emerge from this carnage is MMI, because overall they caught onto the android bandwagon early on....
Several of the corporate users I've known have already switched over to Android to access their corporate emails....
Android is becoming a very interesting ecosystem...Now extending beyond phones and tablets....It's going to be part of Google TV as well....
And I love Google's music cloud service.
That said, I'm covering Rimm as soon as I can...Because I wouldn't be surprised to see some creative deals, like a private equity deal....
I'm sure folks that bought into Nokia, Nortel, Lucent US Robotics/Palm didn't ever think that those would be nearly worthless companies today.....
Also, when in doubt, just follow what developers are doing (or not doing...)...Watch the mass exodus from the developer community...
http://finance.yahoo.com/news/Here-Comes...
Seesmic will stop making its BlackBerry Twitter app at the end of June, the company said in a blog post.
Seesmic says it wants to focus development on its most popular mobile platforms: iOS, Android and -- ouch -- Windows Phone. It's also going to keep working on its Web and desktop apps.
This matches what a lot of other mobile developers have been quietly saying for the last few months -- they have to focus on the platforms with the most users, and they have no confidence that the BlackBerry will be a top platform in the coming years.
RIM's horrible earnings report last week probably didn't inspire a lot of confidence. Its transition to a new operating system is also a stumbling block -- why keep developing for the current platform if you have no idea how long it will be around?
We've talked to other mobile developers who are considering the same move. If it becomes a stampede, this could send the BlackBerry into a downward spiral -- fewer apps mean fewer customers mean less interest from developers, and so on.
Yes, you're a dinosaur. ;) Or maybe you like what you've been using and don't feel like changing.
As a Realtor/independent contractor, I doubt that you access any secure corporate network that requires a Blackberry.
You're probably paying your own phone bill as a business expense. That phone bill is likely the same amount whether you use a Blackberry, iPhone, Android or Win7. So why not use the most fanciful and up-to-date phone for the same price?
Do your kids have smart phones? If they do, I bet they'll convert you eventually.
Yes, you're a dinosaur. ;) Or maybe you like what you've been using and don't feel like changing.
As a Realtor/independent contractor, I doubt that you access any secure corporate network that requires a Blackberry.
You're probably paying your own phone bill as a business expense. That phone bill is likely the same amount whether you use a Blackberry, iPhone, Android or Win7. So why not use the most fanciful and up-to-date phone for the same price?
Do your kids have smart phones? If they do, I bet they'll convert you eventually.
I know of one reason..... A physical keyboard. That said, there are some android phones with a slideout keyboard, and you can easily connect a HID keyboard on gingerbread (HID mouse if you talk to me :))
That is one of the big reasons but not only a physical keyboard but one that can be used with hand.
sdr....
The G2 is a "decent" phone..
http://g2.t-mobile.com/
I owned RIMM and sold it when it was $45. I would not touch it at this time as there is more downside potential than upside potential. It is also not a good takeover target as it will cost too much for a company to buy it.
The G2 is a "decent" phone..
http://g2.t-mobile.com/
It looks like a nice phone but the keyboard wouldnt work the way I use it. I need a phone I can type on while doing what I am not supposed be doing yet do all day.
Imho.. RIMM is dead... Yes, they might be able to hold onto their business customer base. BUT, they clearly are not going to be a smartphone leader unless they have a major architecture overhaul.
Apple didn't kill rimm and nokia alone...A lot of the damage done was from Android....
Nice call on shorting at $39. Definitely it is a combination of iPhone and Android that is killing RIMM.
At this point though perhaps it's too risky to make a long/short play. I could see it going either way. I see it's currently up around 7.5% today. Guess I missed the boat on this one again as usual.