Re: Watsa.....Without going into the muddy waters of Watsa trying to buy-out Blackberry in the
open market.....Chen & the BOD's would never approve that buyout in that way,
and instead gave Watsa his new debenture. Even if BB goes bankrupt....Watsa receives
all his money back plus interest. You as a shareholder gets pennies on the dollar....
Watsa is capped at 19% ......Canadian securities rules state that ownership that reaches
20+ percent, requires that holder to make a formal buyout offer. Chen doesn't have a
problem in selling BB for top dollar.....but not to cheapskate Watsa.
Rug 2000