Re: Watsa's dream.....People seem to forget that Watsa is topped out in his ownership of Blackberry (19.9%).
Anymore shares and he would trigger a formal offer he must make according to SEC / TSX
rules. For now he is happy to hold to the sidelines....and wait. Last December Watsa sold
an insurance company to raise $1 billion cash. That money has gone nowhere to date.....
I've yet to see someone answer the question ?? Why would anyone be a major holder of
a public company....if the plan wasn't to consider a buyout, of course with the help of other
peoples money. Watsa tried once before, but couldn't raise the needed cash....Maybe next
time is the charm.
Rug 2000