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Byron Capital's Tom Astle says his original premise was that RIM was trading at a significant discount to tangible book value and that sentiment would improve and close this gap before the  launch of the BlackBerry 10 platform. He says now that this has happened, RIM will need to find earnings support.

Byron Capital’s Tom Astle says his original premise was that RIM was trading at a significant discount to tangible book value and that sentiment would improve and close this gap before the launch of the BlackBerry 10 platform. He says now that this has happened, RIM will need to find earnings support.