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re: Fairfax to take Blackberry private
Posted on 9/23/13 at 10:39 pm to Ace Midnight
Posted on 9/23/13 at 10:39 pm to Ace Midnight
He was on the board so he has alot of inside info and knowledge of products.
Lets face it. That management needs a thorough housecleaning. Can't believe one word they say anymore and they still can not execute worth a damn. Sad part is, the Z and Q are damn good phones and they have totally blown their launches. No marketing, little carrier support. Higher up at one cellphone company today told me BB was getting its due because all the carriers hated them as they were the most arrogant company to deal with over the years.
I'll be shocked if Heins is around at New Years. I think this guy will come in, clean house in upper management, and set things on the right track. Company is debt free and sitting on a pile of cash. They pulled their little stunt friday so they could sell the company to him at a cheaper price.
Keep in mind Heins probably knew how bad sales were less than a month after the second quarter earnings release. Probably two weeks. He just plain lied.
Lets face it. That management needs a thorough housecleaning. Can't believe one word they say anymore and they still can not execute worth a damn. Sad part is, the Z and Q are damn good phones and they have totally blown their launches. No marketing, little carrier support. Higher up at one cellphone company today told me BB was getting its due because all the carriers hated them as they were the most arrogant company to deal with over the years.
I'll be shocked if Heins is around at New Years. I think this guy will come in, clean house in upper management, and set things on the right track. Company is debt free and sitting on a pile of cash. They pulled their little stunt friday so they could sell the company to him at a cheaper price.
Keep in mind Heins probably knew how bad sales were less than a month after the second quarter earnings release. Probably two weeks. He just plain lied.
Posted on 9/23/13 at 10:44 pm to prplhze2000
quote:
Company is debt free and sitting on a pile of cash.
Impossible to overstate how important this is.
I agree with the bulk of your post - solid analysis.
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