Re: and all that....Interesting YOU think that once Blackberry receives its IP cash this August, a new
following in the company begins. We would ALL like to see something jump start a
movement north......but lets revisit the Cylance saga.
With the help of Qualcom....Blackberry's nest egg was a tidy $2.0 billion, give or
take....with Wall Street barely watching those new found funds. It took Chen approx
18 months to shop for Cylance, and at $1.5 B...was a great buy considering the
high valuation CrowdStrike received for its IPO. Well....many were surprised that
Wall Street totally ignored BB's new purchase, and to this day....nothings changed.
I do give credit to Chen for striking a pretty good deal on Cylance, and maybe some
day the shareholders will see value in that buy. Also like the fact that Chen kept
Cylance a seperate US subsiduary, with a possible spin-off creating some investor
value down the road. Money in shareholders pockets...so far only lint.
Rug 2000