Vanguard News Network Forum - View Single Post - RIM stock @ C$149.9 one time in 2008, $7.39 today (July-1-2012). The biggest unanswered question is where is the money?

Leonard Rouse · July 1st, 2012

The same management that built RIMM into a powerhouse ran it into the ground. They got cocky. They didn't take Apple seriously, then Google's Android platform allowed lesser Japanese and Taiwanese competitors (along with old nemesis Motorola and new handset maker Google) to finish them off.

RIMM is a case study for how close the penthouse is to the outhouse in the world of business. Bad business decisions still happen and can be paramount in the age of judeo-finance.

July 1st, 2012	#2
Leonard Rouse Celebrating My Diversity Join Date: Jan 2010 Location: With The Creepy-Ass Crackahs Posts: 8,156	Re: RIM stock @ C$149.9 one time in 2008, $7.39 today (July-1-2012). The biggest unanswered question is where is the mon The same management that built RIMM into a powerhouse ran it into the ground. They got cocky. They didn't take Apple seriously, then Google's Android platform allowed lesser Japanese and Taiwanese competitors (along with old nemesis Motorola and new handset maker Google) to finish them off. RIMM is a case study for how close the penthouse is to the outhouse in the world of business. Bad business decisions still happen and can be paramount in the age of judeo-finance.