BlackBerry Limited (BB): I repeat, Blackberry is not going bankru...

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JustForFun7

Re: ddls post# 8476

Saturday, 06/29/2013 5:25:47 PM

Saturday, June 29, 2013 5:25:47 PM

I repeat, Blackberry is not going bankrupt. To suggest so is simply ridiculous and based on no facts. Their BB10 platform is just getting launched and is maturing nicely. their balance sheet is in very good shape. Cash increased to 3.1 Billion this quarter.

Sales and phones shipped increased 13 % from last quarter. They are turning the corner. Just not as fast as some would like. Heins will take action. If he has shown anything, it is he can run a tight ship and deliver. No doubt they have a lot of work ahead of them.

Signing lots of BES contracts alone will take them back to profitability. But they need to do more on the services side. The Dept of Defense contract would also give them a big boast if they got that. A decision is due soon.

I hope Heins is more seriously considering a licensing deal now.

JFF7

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"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes