Three Nutty Things Worth Reading, Plus the RIMM Product Pecking Order

By Paul Kedrosky · December 15, 2011 · ·
  • The MF Global Black Box: A Minute By Minute Breakdown Of The Doomed Broker’s Last Week On Earth (Source)
  • Pair of Robbers Want Only iPhones, No BlackBerries  (Source)
  • French banker says UK should be downgraded first (Source)

On that second-last RIMM story (full disclosure, I’ve been short all year), here is the precedence of failing products:

  1. Stuff you can sell at a premium
  2. Stuff you only sell at market prices
  3. Stuff you can only sell at a discount
  4. Stuff you have to give away
  5. Stuff you can’t give away
  6. Stuff people won’t steal

Somehow, and this is sort of unprecedented, RIMM has reached Stage 6 of product. That’s almost unprecedented.

Related posts:

  1. RIMM and the Toronto Stock Exchange
  2. Following the Bouncing RIMM Analysts
  3. Net Cap Pecking Order
  4. LPs Offer Private Equity Pecking Order
  5. RIMM: Anyone in its Cap Range with More Volatility?

Comments

  1. indi500fan says:
    December 16, 2011 at 8:18 pm

    http://heraldbulletin.com/breakingnews/x907913344…

  2. multivitamins says:
    December 21, 2011 at 1:51 am

    Lol. Yes, that story was unbelievable. I wonder how the top execs at RIM thought when they heard that a thief turned down a Blackberry!

  3. Duncan S says:
    December 21, 2011 at 7:23 am

    Paul: I know you are negative on RIM. But the article about the thieves turning down a Blackberry doesn't seem to be accurately titled. Yes, the HEADLINE says that, but in the body of the story the phone the thieves rejected was a Droid.