Crackberry, Blackberry Fans fear Research In Motion Takeover

Filed under: Cell Phone Information, Cell Phones | By: Peter Chubb
Posted on: October 14, 2008 | No Comments

Crackberry, Blackberry Fans fear Research In Motion Takeover

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.

Source

CLICK HERE to keep updated with the latest news, share a comment or problems with products and services. Follow us on twitter or read more news.

Comments

Leave a Reply

*
To prove you're a person (not a spam script), type the security word shown in the picture. Click on the picture to hear an audio file of the word.
Click to hear an audio file of the anti-spam word

 
More
 

Consumer Reviews By Category:
Computing, Electronics, Entertainment, Home & Garden, Motoring, Photography, Sports

Companies and PR Firms

Need a product reviewed, email the details.