RIMM

Stock was trading at around $13 yesterday.

What are the chances this company gets bought out by Apple (or Google)?

Google just bought motorola (and their patents) at 67% above market price for the stock. RIMM aparently holds 10000-15000 patents.If Samsung or Microsoft gains control of them it might not be good for Apple.

Microsoft and Samsung rumoured to be interested in buying Nokia too. Nokia estimated to be holding at least 50 essential 4G patents, and possibly in excess of 100 essential 3G patents, Apple could unencumber itself from paying a lot of royalty fees ad infinitum by picking up Nokia too.

As a contrarian type investment what are your thoughts on RIMM? Does it survive with the Blackerry 10? Does it get bought out by Apple, Microsoft, Google or Samsung? Or does it go bankrupt and auction off it's patents like Nortel did?

I think if one of the two former than it is a greta buy now. If the latter than it is a bust.

 

Two problems arise when talking about a RIMM foreign takeover.

RIMM is starting to get priced near real book, they have no debt and about 4 bucks in cash.

The strength of RIMM also happens to be its major weakness and hurdle in growth. The encryption technology is the best in the marketplace, that makes it a great niche product for corporations and governments alike. The key in that, is that it is a niche product, only suited for North America, Europe, the South Pacific and foreign Governments at this time.

Wall is absolutely right, in that we are witnessing a company who is in the middle of realizing its rightful place in the market. Investors hurt themselves, by not looking at the bigger picture. Like most technology stocks, the heights that we saw with RIMM were a mirage, pushed by good vibes, instead of sound minds.

RIMM will be releasing earnings today after the close of markets. 

Probably going to be ugly but what matters more than the numbers is what they say about future quarters.

Looks like the loss was plenty of inventory write down, while cash flows werent as bad.

With a market cap. near $5B, I'm not sure they have $3B in assets and intellectual property worth paying for. 

Even with their sizable piggybank, they seem to be dying a death  of a thousand papercuts.    

Wouldn't be surprised to see them drop another 50% by year's end.  Once you get into single-digit territory as they are now, that can happen very quickly.

I agree this will go lower. I feel there is no takeover in the near future and RIMM will dip to the $7 price.

Jeezus H ... this horse's legs are broken.  Time to put her down.  Maybe a microsoft partnership using their Windows 8 OS for their mobile phones instead of their own.  I doubt their knight n shining armor blackberry 10 will save their day.  A company known for zero innovation the last several years is counting on a Kirk Gibson, 1988 World Series Game 1 'sayonara' homerun with their blackberry 10 is just a streeeeeetch.

Hard to believe this company had 50% of the smartphone market just 4 years ago. ...

This is the kind of volatility you get in tech land.  Yesterday's winners can quickly become tomorrow's losers.