Crackberry, Blackberry Fans fear Research In Motion Takeover
October 14, 2008 | Filed under Cell Phone Information, Cell Phones

We hit upon a tasty subject last week that the dip in Research In Motion stock value could make the company vulnerable to a takeover, Blackberry or Crackberry addicts as they are known were not happy at the prospect that Microsoft could lineup for a takeover deal.
RIM’S shares were worth $148 on the NASDAQ market, that was just four months ago. Now those same shares are worth just $62 from closing on Monday 13, October. This means that someone could have standing offer to purchase them for $50 per share.
All this is speculation of course, why would Microsoft want to purchase RIM as they would then be entering in to the Linux-based handset business. Do not read too much into the stack of RIM’S shares, as their profit for the last quarter was up 70 percent.
Get the latest news in our RSS Feed, Newsletter or follow us on Twitter.


Comments
Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!