[derpOverflow]

Misek laughed at the short sellers calling him names and swearing at him haha, he deserves props for that.

[neteng1000]

This guy is full of shiyat. How does only 30% success result in a upgrade? Just admit he was wrong and move on.

[Dapper37]

Too late perhaps! Or at least you've failed to win 7% this morning already.

Have a look at a 5 year chart! its not too late by any stretch, But yes 7% less to go!

[Dapper37]

Misek report - the part we missed. RIMM outcome, long term, will either be $56 a share or $0 a share:



RIMM: Jefferies Ups to Buy on Improving BB10 Support, ‘Fusion’ Prospects - Tech Trader Daily - Barrons.com

You can tell this guy still doesn't get it. With the deals alone that RIM is doing for secure transations should be enough for an upgrade! wait until RIM unvails the complete picture!
He's on record saying Verizon created Android
He's on record saying the carriers want a 3rd platform
If the carriers want RIM to win that can't hurt
With all the verticals that are about to pop this guy is still behind the curve!

[Dapper37]

But he seems happy playing catch up!

[Dapper37]

$120 per license but it goes down when you buy in bulk

Please provide any evidence of this, a link ?

[Dapper37]

Found it here..

Business Day PM : January 18, 2013

Wow, listening to this guy, he's a full blown RIM Bull. The one major item he can't support is that consumers will like and buy BB10. Yet everyone that uses it is raving!! This is marking big things ahead for RIM.
BB10 Believe it!

[neteng1000]

Wow, listening to this guy, he's a full blown RIM Bull. The one major item he can't support is that consumers will like and buy BB10. Yet everyone that uses it is raving!! This is marking big things ahead for RIM.
BB10 Believe it!

Yes he's bullish but on only a 30% evaluation. I just don't get it and I thought I was good in Math.

[Shanerredflag]

Wow, listening to this guy, he's a full blown RIM Bull. The one major item he can't support is that consumers will like and buy BB10. Yet everyone that uses it is raving!! This is marking big things ahead for RIM.
BB10 Believe it!

Is it just me or "all they show is commercials" then wait forever to load segment?

[Andrew4life]

Found it here..

Business Day PM : January 18, 2013

Very positive, but there is very little enthusiasm. Almost like someone held a gun to his head and made him read a script, or that he seems kind of grouchy (a bear at heart?).

[Skeevecr]

Wish I could find a link for Misek�s interview on BNN here in Canada today�in short (punny eh) he stated Samsung will try and licence BB10 because Android is a dead platform for them due to cheap China knockoff�s coming out. Misek stated they cannot innovate enough or compete with these units�

Am I the only one that automatically thinks blackberry news network when they see the acronym BNN?

[GTiLeo]

Misek laughed at the short sellers calling him names and swearing at him haha, he deserves props for that.

the thing is he was one of them, he was one of them that said if BB10 fails then RIM is doomed and will have to sell, now he gets the info about BES10 and changes his toon, we have known about this information for months and he's just telling this now. he never did his research on BB10 or what RIM has in store for the release, no analyst has they simply just go along with the doom and gloom things that are around.

those that have followed RIM and BB10s development have know about this things for far longer and have seen the potential in what RIM is doing and that if BB10 wasn't a hit that RIm would be forced to shred the company, the truth is RIM is in a place finacially that even if BB10 fails they can still supply smaller services such as BES10 and QNX CAR 2 with their NOC. this said even if BB10 isn't a hit with others us BlackBerry fans will still amount to small sales in smartphones for RIM so shrinking their production and supplying limited quantities is a real possibility and a way to make smaller revenues from hardware while focusing more on their software and services business

This guy is full of shiyat. How does only 30% success result in a upgrade? Just admit he was wrong and move on.

i totally agree he should just suck it up and admit he was wrong

[THBW]

This guy is full of shiyat. How does only 30% success result in a upgrade? Just admit he was wrong and move on.

It is wonderful to watch Peter Misek do back flips as he tries to justify his increasingly incoherent statements as to the future of RIM. Let's face it, with the enthusiasm for new BB10 devices by many, the BES announcement, the security certifications of the platform, the visa payment announcement, the chances of RIM going bankrupt are as close to zero as one could get. Further, as much as Peter Misek thinks he gets it, he still doesn't. He guy is stills stuck in the smartphone/OS paradigm. Sorry Peter, BB10 Is a PLATFORM that extends well beyond he smartphone. Tablets, mobile computers and cars all need an integrated and secure mobile platform. Ego BB10. What does competition offer? Squat.

RIM is start to lead again and the rest are just staring at the Bellybuttons.

[cleacy]

His (short term) target on the stock is $19.50

He came up with that as a weighted average based on a target of $56 if successful at a 30% chance, total failure with value of 0 at a 45% chance, and failure+takeover as a share value of $10.80 with a 25% chance.

30% x $56.00 = $16.80
25% x $10.80 = $ 2.70
45% x $0 = $ 0.
-----------------------------------
= $19.50

At the time he released this, RIM had closed at $14.91 . We're not going to know until January 30th which of his possible scenarios is most likely to occur (and for that matter assuming a successful launch not until the next earnings report how accurate the $56 portion of the target is). Right now it's a gamble based on belief as to how successful things will be, and which outcome you personally believe to be correct. The average outcome has a stock price 31% higher then the price at that time... In the market, price goes up.

[THBW]

His (short term) target on the stock is $19.50

He came up with that as a weighted average based on a target of $56 if successful at a 30% chance, total failure with value of 0 at a 45% chance, and failure+takeover as a share value of $10.80 with a 25% chance.

30% x $56.00 = $16.80
25% x $10.80 = $ 2.70
45% x $0 = $ 0.
-----------------------------------
= $19.50

At the time he released this, RIM had closed at $14.91 . We're not going to know until January 30th which of his possible scenarios is most likely to occur (and for that matter assuming a successful launch not until the next earnings report how accurate the $56 portion of the target is). Right now it's a gamble based on belief as to how successful things will be, and which outcome you personally believe to be correct. The average outcome has a stock price 31% higher then the price at that time... In the market, price goes up.

I understand how he came with his evaluation, but his logic makes no sense. How do you get a value of 0 for RIM. You can't. Patent portfolio alone is worth 5-6 bucks a share. And them there are all these essential secure services that only RIM can provide. Another 2-3 bucks a share at current market pricing. So bottom end for this stock is 9 and not 0. The take out scenario is also bizarre. The only way the Canadian government will let RIM be taken out is if they are in real trouble. Anything less than this and it won't be approved. Sorry but I can't follow his thought process.

[timmy t]

I think RIM could come out with apps that allow people who don't have BB phones to access their BBM app for a monthly fee. They could even tier it so that if you just want texting, you pay $1 or $2/month. If you want video, you pay more since it uses more resources.

[sf49ers]

Last night I was talking to a friend of mine who is an embedded engineer and surprised to know they use QNX , another surprising thing is that they pay 15 grand for 1 license. All this conversation started when I started explaining about bb10 and QNX and my friend was not aware that QNX is at the core of BB10.

[derpOverflow]

I understand how he came with his evaluation, but his logic makes no sense. How do you get a value of 0 for RIM. You can't. Patent portfolio alone is worth 5-6 bucks a share. And them there are all these essential secure services that only RIM can provide. Another 2-3 bucks a share at current market pricing. So bottom end for this stock is 9 and not 0. The take out scenario is also bizarre. The only way the Canadian government will let RIM be taken out is if they are in real trouble. Anything less than this and it won't be approved. Sorry but I can't follow his thought process.

He's assuming they'll go into debt and burn through all their cash to stay alive.

[pick1eberry]

So what is a good online one to buy thru, Scottrade etc?

Take a look at Questrade if you're in Canada

[kbz1960]

Take a look at Questrade if you're in Canada

Thanks. I'm in the lower usa

[GTiLeo]

He's assuming they'll go into debt and burn through all their cash to stay alive.

which is not likely going to happen, the BB10 launch won't cost $3 billion and the fact that they are still trying to trim the fat off the company and sell devices al ready paid for is just another form of cash flow that the company will bring in, may not be alot but it is still funds in the bank for RIM and another reason they won't bow out

[THBW]

He's assuming they'll go into debt and burn through all their cash to stay alive.

Yes, I see your point but again, Misek is assuming that RIM is some sort of static beast unable to adapt and change. If RIM can't make it on the hardware side, they trim it off, license the platform, enhances the marketing of QNX services and provide secure backend solutions for IT. Bam, they are back in the black although slightly reduced is size. Again, Misek makes wholesale assumptions without a shred of credible evidence. Further, where does he get his percentage scenarios from. Let's face, he is just pulling these numbers out of his arse. A paid analyst should provide you credible advice as to where a company is going. It is not a casino scenario where you set the price based on odds. Very poor judgement. Why not just value the stock at 56 dollars and labeled it highly speculative based upon limited information. This is done all the time in the investment field. High potential with high risk.

The problem with Misek is that he doesn't understand technology. He fails to see that the smartphone is simply part of a broad array of smart devices that will be part of our lives for the next century. RIM gets it and that is why they are capturing people's imaginations. Further, he has a real blind spot for Apple. I will admit that Apple has some real strengths in the area of Apps and consumer support but iOS is simple not on the category with BB10. My god, BB10 is running runs circles around iOS. This is important when you think of Asia. Are the Chinese really going to buy iPhones that use a outdated 8 year old OS when they can have the new slick BB10. They are certainly smoking something in California.

[cjcampbell]

Yes, I see your point but again, Misek is assuming that RIM is some sort of static beast unable to adapt and change. If RIM can't make it on the hardware side, they trim it off, license the platform, enhances the marketing of QNX services and provide secure backend solutions for IT. Bam, they are back in the black although slightly reduced is size. Again, Misek makes wholesale assumptions without a shred of credible evidence. Further, where does he get his percentage scenarios from. Let's face, he is just pulling these numbers out of his arse. A paid analyst should provide you credible advice as to where a company is going. It is not a casino scenario where you set the price based on odds. Very poor judgement. Why not just value the stock at 56 dollars and labeled it highly speculative based upon limited information. This is done all the time in the investment field. High potential with high risk.

The problem with Misek is that he doesn't understand technology. He fails to see that the smartphone is simply part of a broad array of smart devices that will be part of our lives for the next century. RIM gets it and that is why they are capturing people's imaginations. Further, he has a real blind spot for Apple. I will admit that Apple has some real strengths in the area of Apps and consumer support but iOS is simple not on the category with BB10. My god, BB10 is running runs circles around iOS. This is important when you think of Asia. Are the Chinese really going to buy iPhones that use a outdated 8 year old OS when they can have the new slick BB10. They are certainly smoking something in California.

Yes, Misek is an A$$ but he's no dummy. We all have it out for him, for obvious reasons, but he is not a lone guy out there in the market. He is the face of a large company. He is there to promote what he's told to promote. Why would Jeffery's let him go all asinine if it wasn't approved by the top boys? The company has it's interest's and he convey's them.

Now, Yes, I bet they are HEAVILY invested in AAPL and were telling their clients to go that route and RIMM was a bad choice. That would make them money, and for a while, and a long while at that, that was the smart bet. He tried (and by he, I mean they) to keep it that way. Unfortunately for them, the market spoke back and said "no! RIMM( and RIM.TO) are good and AAPL has let us down so we want something new, something different and something to give us returns" This is why they've changed their tune. The market is speaking and screwing them up. They have no choice but to change. That's the nature of the beast.

What I'm trying to get at is that one "face" of a firm doesn't make the real decisions. They are there to convey the company beliefs. You can either win or lose, but there are people and computers behind everything they say. The people part is what makes the real difference. The fact that he said "if successful, it will be at" mid $50's is a really good sign, considering just 2 months ago, Jeffrey's had the stock at $5.

[NinjaB]

I find it interesting no one has mentioned that he casually throws in the possible retail price of $600?

That would be good news imo...

Secondly, as to the issue of stock price... As a recent owner of RIMM, imo the only thing that would cause a downturn in the price (besides/before Q4 earnings report) would be any news that's perceived as "negative" from BB10 launch event on Jan. 30. Honestly, I'm not too concerned about app availability or the rest of the performance of the phone- we see what it can do and what RIM has been doing for and with developers. Now my biggest question/concern is if the majority of people know that the phones aren't actually "launching" that day. In other words, when they come out and announce phones will be available in 2-3 weeks, which is what Crackberry already knows and expects, will the market see this as a negative? or do y'all think that is that already priced into the stock??

[Dapper37]

Yes he's bullish but on only a 30% evaluation. I just don't get it and I thought I was good in Math.

As stated by others "somewhere" he's in wiggle mode! he has now essentially now given himself a way to say I told you so no matter what happens!
Classic move at this point! easy to spot. He's not sure that the consumer will buy in. This shows he only focuses in certain areas of the business IMO. Not mentioning ANY of the emerging laterals that we know are upon us! Thats are que.