BlackBerry Ltd T.BB

From: zack800

[dwolfenson]

Lordy, I sure hope this means I have another month or two to buy me mo' BlackBerry on the cheap.... boy o' boy.

zack800 7:47 PM

 

$BB About the strategic review, by summers end we should know more. JC Todd Coupland "Right. And you had indicated, there was a lot of activity around that project, would you expect it still to take at least the summer before you get your initial findings or can it happen sooner than that?" John Chen "I -- my guess, it will take, you know because we have a lot of effort going on in -- when you look at separating the business, you have to look at separating the income statement, that's an easy one. Then you have to separate the balance sheets and then you have to look at the tax side of the equation, and then you have to look at what the market offer and not offer and there's just a ton of thing that when you cannot just skip it. And so I still expect this to be the end of summer timeframe."

zack800 7:47 PM

 

$BB About the strategic review, by summers end we should know more. JC Todd Coupland "Right. And you had indicated, there was a lot of activity around that project, would you expect it still to take at least the summer before you get your initial findings or can it happen sooner than that?" John Chen "I -- my guess, it will take, you know because we have a lot of effort going on in -- when you look at separating the business, you have to look at separating the income statement, that's an easy one. Then you have to separate the balance sheets and then you have to look at the tax side of the equation, and then you have to look at what the market offer and not offer and there's just a ton of thing that when you cannot just skip it. And so I still expect this to be the end of summer timeframe."

zack800

 

$BB About the strategic review, by summers end we should know more. JC Todd Coupland "Right. And you had indicated, there was a lot of activity around that project, would you expect it still to take at least the summer before you get your initial findings or can it happen sooner than that?" John Chen "I -- my guess, it will take, you know because we have a lot of effort going on in -- when you look at separating the business, you have to look at separating the income statement, that's an easy one. Then you have to separate the balance sheets and then you have to look at the tax side of the equation, and then you have to look at what the market offer and not offer and there's just a ton of thing that when you cannot just skip it. And so I still expect this to be the end of summer timeframe."

[Joey67]

The only good thing is MS padding their bill and then delivering the bad news.  Fair value $3. You screwed your shareholders this past decade. Of course we won't hear that for all we'll see is Watsa's $5 take under offer.