Friday, June 29, 2012

Buy RIM

They closed today at around seven and a half.

I can see market hysteria driving that down even more. Three? Two fifty?

In any case this is a serious company with serious stuff going on and with serious cash reserves.

Where they have seriously lost out is in the 13 year old female market in North America.

That's a lot of hardware.

Apple owns the teenage market in North America.

RIM owns the US Army and virtually the whole spectrum of high-security markets in the entire world.

That fad-driven US market does have a huge impact on quarterly reports.

But don't write off the Blackberry folks just yet.

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