GREY:CKNBF - Post by User
Comment by
sablesavoyon Dec 18, 2008 6:02pm
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Post# 15655620
RIM Offer To Purchase
RIM Offer To Purchase1.Insiders have owned shares at prices much higher than rimm offer.
2. Most long term shreholders' cost base is around 5 dollars.
3. Certicom commercilization of ECC technology has been way too slow. But , now that they are approaching the long arm of the hockey stick ( revenue curve) acceptance of RIMMs offer would be insane. Why bail out now when majority of shareholders have waited for decades??
4.The equity invested in this company ( total accumulated losses + cash ) exceeds RIMMS offer. This means shareholders end up subsidizing RIMM when it has already benefitted in the tend of million dollars because of the terms of their agreement with certicom which entirely favored RIMM- when related to handsets, servers, recuriing revenue etc etc.
45 I hope the majority shareholder response is to tell RIMM is go snd do one better than the I phone and lesve certicom alone..