Well, I have a Z-10 and I love the damned thing. But having said that, the reason Blackberry has been on a tear lately is because they have a new CEO who specializes in returning companies to profit land.
He has changed their business model, they are no longer a handset company, though they will continue to get them (spin off to Foxconn), they are now an enterprise software company.
eliminating device inventory risks and refocusing on enterprise software
business has already significantly de-risked Blackberry’s balance sheet.
The new CEO came from a software company that he returned from the brink of bankruptcy.
Investors are betting he can do it again.
You can already get blackberry messenger for iPhones and Android devices.
They have $994M in debt but they also have over $3 Billion in cash.
I think it's worth taking a stake in.
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