Friday, March 30, 2012

More Muddled Thinking From BlackBerry Management

This morning, shares of Research In Motion(RIMM) are up because investors think management waved the white flag and want to sell the company to the first bidder.
Therefore, bid up the shares now, before the acquisition premium gets put in.  Well, more on the potential for a RIM buyer in a later post.
I want to give people pause before jumping in to RIM shares here.
The new management – under CEO Thorsten Heins – still suffers from Balsillie-like muddled thinking.

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