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Re: RIM-NTP: It's All Over But the Writing of the Check
by
Tyler
I'd hardly say RIM has walked away with a victory. Balsillie himself lamented the fact the company had to give in and "take one for the team," adding that "it never feels good." If victory means RIM bought its way out of a dilemma it had a role in creating, maybe you can call it as much, but that's not how history will remember it. All said, add me to the list of people who are happy this mess is over. I will say, however, that Balsillie must be smoking something if he thinks -- as he claimed at the conference call today -- that RIM carrier partners were loyal and happily supportive. That's a load.
Also, Mr. Estill, where was the board when this was all going down? Why didn't the board act in the interest of investors and encourage an earlier settlement? And what role did this board play in the settlement announced today? I think you guys -- the board -- got off way too easy.
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