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Stocks B / Blackberry Ltd.


Subject:  Some are buying Date:  11/14/2011  5:23 PM
Author:  newsreporter Number:  2302 of 2325

What Does Leon Cooperman See in RIM?

But even as some investors flee the company, others are lining up to take a stake in it. The latest to do so: Leon Cooperman, the billionaire former head of Goldman Sachs’ asset management arm and founder of hedge fund Omega Advisors.

Earlier this fall, Omega bought about 1.4 million shares of RIM — inexplicably, some would say.

Why is Cooperman so interested in a company that lost 1.8 million of its U.S. subscribers to other platforms in the past three months, according