I am not sure what to make of this latest statement by Leon Cooperman of Omega Advisors Inc Hedge Fund. His fund bought a 1.43 million share stake in RIM stock last quarter so he is obviously making a big bet here. Bloomberg got him on record saying some pretty interesting things:
“People think it’s a melting ice cube,” Cooperman, whose Omega Advisors Inc. hedge fund purchased a stake in RIM last quarter, said today in an interview. “We think the new operating system is going to surprise people” and that RIM is going to meet its projections.
That is a pretty solid investor for RIM. RIM has sometimes tipped its future hand showing off devices to key customers and even investors so it could be that Cooperman knows something we don’t or has seen the new BBX devices. It could be he is even talking about the rumored BBX powered BlackBerry London we saw yesterday.
What do you think?
BTW anybody else notice that the BlackBerry London dummy screenshot seems to be sporting the iTunes music logo?
jordan ( View Profile) - Posts: