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elwoodblues
Elwood Blues
Premium
join:2006-08-30
HarperLand
kudos:1
reply to LazMan

Re: Blackberry share trading halted.

Because they were egged on by the "market"



LazMan
Premium
join:2003-03-26
canada

This is where a strong leader, with a vision, would have kept them on the right course...

Of course, it's esay to be an armchair quarterback - but turning into a services company, or at least deversifying into one, 4-5 years ago, would have been a brilliant move.


Robrr

join:2008-04-19
Guelph, ON
reply to elwoodblues

said by elwoodblues:

Because they were egged on by the "market

Thats the unfortunate part of being a public company.

I hope with them going private, they can focus on the product and focus on rebuilding the brand.

I think in time, they'll make a comeback as a niche player.


elwoodblues
Elwood Blues
Premium
join:2006-08-30
HarperLand
kudos:1
reply to LazMan

The way I see it, strong leader or not, if the "market" demands you compete with the iphone, you better compete or we'll punish your stock!

A few years back Apple had their best quarter to date, wasn't enough, punish the stock.

At some point the board/major shareholders are going to demand you do something to stop the stock slide.

It's a bullshit racket, BB has been a victim of its on ineptitude. As well as market forces
--
No, I didn't. Honest... I ran out of gas. I... I had a flat tire. I didn't have enough money for cab fare. My tux didn't come back from the cleaners. An old friend came in from out of town. Someone stole my car. There was an earthquake.......



koira
Poop and Scoop
Premium
join:2004-02-16

Will be interesting to see if other bidders such as Mike Lazaridis for example, come in now, Fairfax has entered the starting bid


MaynardKrebs
Premium
join:2009-06-17
kudos:4
reply to elwoodblues

said by elwoodblues:

Because they were egged on by the "market"

This is what happens when the Board puts a 'financial' type without being steeped in the business in as chair (Barbara Symiest) and doesn't have an 'operator' in the chair.

Look over the history of companies in similar position as RIM and see what happened to them when a financial-type has been parachuted in - same things.