So Iv came across something interesting whilst reading about BlackBerry’s current CEO John S Chen.
From his wiki
“Chen became CEO of Sybase in 1998.[12] As Sybase had been a strong competitor of Oracle, but had become a "dead company" after failing to enter the market for enterprise applications, as Oracle had. Chen and his team proceeded to reinvent Sybase as an "enabler of the 'unwired enterprise'".[12] In so doing, Chen and his team led a re-invention strategy that that led to the turnaround of the company into a profitable mobile device producer,[13] valued at $6 billion in 2010.[12] Sybase achieved strong financial performance and shareholder returns under Chen's leadership”
Synapse’s story sounds familiar to blackberry’s.
Chen’s done this before successfully and blackberry’s direction since losing the smartphone market has been successful and undervalued imo
Now they’ve shook hands with Facebook and settled their dispute. Shook hands with Amazon to develop and market software for cloud-connected vehicles, obviously the future for the automotive industry. Their security is industry leading at the moment, it’s not just automotive ...etc etc etc there’s lots of DD been posted explaining in detail
I just thought it’s not bad having a CEO that’s successfully transitioned a ‘has been’ brand before (and raised its stock) on top of the currently undervalued services they provide
I’m hoping bb’s price settles back down to around $6 again and I’ll buy more and go long
bb ☾
Submitted February 12, 2021 at 07:30PM by BradPit_B4_GrabClit https://ift.tt/3adQ69d
