Blackberry
Daniel E. Hutner, Sr.
Question: "I see in the news that Blackberry is on the ropes and I wonder whether it is a classic example of why it is risky to invest in tech stocks...Blackberry seems finished, undone by other competitors in a relatively short number of years. Is this, then, a classic example of how a product can be so useful and so valuable that it stimulates intense competition and therefore is not a wise investment because profit margins are likely to be low? And is it also perhaps a great illustration of how in the tech industry things are changing so fast that it is easy to fall behind quickly to the point where you go out of business?"
Read More