"I do believe that the game as far as [RIM is concerned] is up,'' said Stephen Jarislowsky, chief executive of Canadian money manager Jarislowksy Fraser Ltd., who was one of RIM's biggest shareholders until the firm recently dumped the bulk of its stake. At March 31, the firm was listed as RIM's fourth-largest shareholder with 10.2 million shares, according to FactSet Research.
The BlackBerry has run its course, Mr. Jarislowsky said, from a hot gadget with pent-up demand to a discounted product that has been eclipsed by the next new thing. "A soufflé doesn't rise twice," he said.
No comments:
Post a Comment