patrick.net

I shorted it on the Motley Fool, but not for real. It tanked 15% or more this morning.

Maybe HPQ will take it over. Then both companies can go bankrupt together!

I don't see them creating anything that will make them more profitable, at least not in the space they are in now. Cell phone market is very saturated, a lot of very strong competition there.

E-man says

As I mentioned above, they have to reinvent themselves, or the company is going into the toilet. They have almost $2B in cash with no debt so they can definitely try to do a lot of reinventing. Can't just let the company go down the tube without a fight right?

They will likely dump the hardware business and license their software. There's still money to be made but the company will have a lot less employees working there.

if they do sellout, someone will buy them at a fairly decent price if only for the patent portfolio.

My strategy is this: I bought it at $40, watched it more than double and rode it down to where it is now. I don't have a long-term strategy except to wait for it to be bought. :)

E-man says

FortWayne says

I don't see them creating anything that will make them more profitable, at least not in the space they are in now. Cell phone market is very saturated, a lot of very strong competition there.

Freedom 1789-2012

As I mentioned above, they have to reinvent themselves, or the company is going into the toilet. They have almost $2B in cash with no debt so they can definitely try to do a lot of reinventing. Can't just let the company go down the tube without a fight right?

Learn from your victory. Prosper from your failure.

I'd hope so. History isn't on their side, I've seen too many tech hardware giants turn into nothing over years when they stopped innovating, and couldn't recover when they tried.

I remember when I had my first film camera by Eastman Kodak. They were so popular back then. And today they are a mere shadow of their past. http://finance.yahoo.com/q?s=EKDKQ&ql=1

I think the most likely scenario for RIM will be to sell to another giant, but I do hope they innovate and create something exciting for this world instead.