I don’t use the Blackberry, but being a techie I cannot understand how RIMM can still be relevant.
This industry is based heavily on network effect and RIMM did a lot of things right in the past but they are not coming up with viable competitive solutions to Android and iOS.
Today RIMM is down 20% and I still don’t think it is a value buy.
Kyith is the Owner and Sole Writer behind Investment Moats. Readers tune in to Investment Moats to learn and build stronger, firmer wealth foundations, how to have a Passive investment strategy, know more about investing in REITs and the nuts and bolts of Active Investing.
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so1trg
Saturday 18th of June 2011
Its like NOK.
Under-valued stock. Established company in earnings. But poor business outlook from the "techie" side of things.
They need huge impetus of changes before people start voting for these stocks again.
Drizzt
Saturday 18th of June 2011
the thing is that there don't seem to be a way for them to secure their competitive edge that they used to have