You're watching...

Fishelson: Samsung Can Benefit From RIM Purchase

Details

  • Description

    Dynalink Communications COO Larry Fishelson argues that Samsung should purchase the BlackBerry maker.

  • Duration 5:17
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

Up Telecom executive Larry coastal sense that that that we actually made a very bold prediction on Research in Motion on this ship.

Research in Motion Blackberry still -- dead.

Life support going out of business -- -- -- somebody's -- buy right now they continue to generate cash needs to be bought I believe Samsung buying them for the patent wars against apple will be huge by.

OK so Larry predicted that Samsung would acquire Research in Motion bold for accent right now doesn't look like it's ripe for Larry he's not a joke that he is there to defend himself where you think it gets -- happening -- -- Samsung has denied it.

I think you could still happen I think the biggest thing at the Golden Globes is that they left out rim.

For best drama and miniseries because this continues to play out unbelievable.

I still think they wildfire drama no Larry I mean like how many people are lining up takeover ran a company that looks like it's lost its lead it's lost its way.

In a bit I think it looks like I do want -- card and you might give off from ten bucks is that a twenty bucks a share.

The problem -- rim is the Blackberry ten that's supposed to come out.

We don't even know -- it's coming out to the operating system would be a reason why somebody might buy him.

Doesn't even exist so if you look at Samsung it's got a 133 billion dollar market cap compared to a nine billion dollar market cap of rim.

They just announced last week that they're putting 41 billion dollars in investments this year -- 26000.

Employees.

So for them to be doing all that and that look at rim and buy them on the cheap right now why I believe rim stock right now is high.

It's unbelievable that they're not doing that he could yeah.

-- -- In the pilot ends and want rest seems is already on pace to be the next apple right it is rock and -- -- why would they need that like toxic mess that's that is rim.

Well they can get rim on the cheap as it take longer not a takeover they don't have -- operate what did what they yeah wearing what they need -- -- what they give us an operating system right now they're reselling.

The android operating system in the Microsoft operating system.

So if they go ahead and by rim.

They have their own operating since operating system may be terrific and I like my little Blackberry when it works but I -- -- them -- one of the most advanced cities in the world.

-- and I still dropped calls because the operating system and the service provider are incompatible on occasion in downtown Manhattan.

Well it has to do with the network and then there's too much congestion on the network and that's whether -- big -- going on for four G networks.

Also the patents there's a big play in the patent wars.

They have a lot of cash right now since so we think -- an -- 41 billion their spending and investments that if they can take the -- off the table.

In the war against apple -- forget there's still number one they've produced 200 million units a year.

So they would get an opt their own operating system the patents could be a big play.

But the problem is and the reason why then you know we're seeing -- -- -- happened is that probably want to higher price.

Even at the -- and surprise you can -- to commence corporate America that they should take another shot.

And -- and that's never gonna happen when we're already seeing I think GE actually doing a test run now giving people the opportunity to choose between the iPhone and Blackberry.

-- it's done apple is not infiltrated corporate America this is it a very tough sell.

Well I'm gonna make another prediction there's been and I love -- you're you're no joke on me and if -- -- -- predict yet I could see Microsoft.

Coming in.

I could see Microsoft coming in.

Taking the patents folding the IT they still have.

The largest cloud network -- that on to them.

Laying off that part of employees and I know you weren't at work when we were reading that the lead story Eastman Kodak going on the they've got 11100 patents I mean that the -- The story sounds kid but I -- realistically that they want pay a premium for them how to even judge what their work than.

Who's -- who's got the better leverage or the would be sooner or research emotion it's -- really wants them.

It will be probably a take under no.

I think will be -- take on -- but the pats are still worth a lot and if you look at if you look at he's laconic I think that's going to be the next pat -- this year the Nortel pat wore last year was huge.

And what apple was.

Google lost out on it so that's why they went ahead and what Motorola now I just want to say one more thing that I think is hurting Research in Motion.

-- -- there's no I -- activist investor who will had to call icon that went ahead and was a lead activist.

They also have the insider's.

Own most of the company.

So they don't wanna they don't want to get rid of it they're still looking get -- still reading the book by Charles -- called great expectations they think they're gonna get.

You know -- twenty dollar price which give a twelve billion dollar valuation.

So that's what's going on right now and a lot of stuff is getting leaked out of there so.

So -- is somewhat what when it comes a Research in Motion that was the best of times announced the worst of times just to -- you're you're in a restaurant and many Sarah but here's here's the thing now.

That overall do you see a whole lot of merger activity in this space sort of a race to the top should we brace ourselves we're just so a big you know competing bids one after another.

I believe so I believe so and it's gonna be about the patents and don't underestimate the Kodak patents they were the first.

In need digital technology.

So it's a -- huge -- alright thank you listen.

We appreciate -- coming and if that happens are gonna look like a hero a lot of people given up on it Larry appreciate it thank you.