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.
About Nick Waddell
Cantech Letter founder and editor Nick Waddell has lived in five Canadian provinces and is proud of his country's often overlooked contributions to the world of science and technology. Waddell takes a regular shift on the Canadian media circuit, making appearances on CTV, CBC and BNN, and contributing to publications such as Canadian Business and Business Insider.