NEW YORK ( TheStreet) --Recently, I received an email from a reader. It unsettled, flattered and humbled me simultaneously.Research in Motion (RIMM) offered a guy we'll call "Rex" a job at its Waterloo, Ontario, headquarters. Rex contacted me -- one of several writers who called the play-by-play of RIM's demise throughout 2011 and early 2012 -- asking if I thought RIM would be around in six months to a year and if the $2 billion in cash the Canadian company says it has is legit.
I am not sure about the stability of the particular position, though I would guess they'll still be around in a year, but it might be a volatile situation. No doubt. Tough one, but, if they turn things around, you might be in a good spot.I guess I did not give Rex a completely hollow answer. RIM probably will be around in a year, in some shape or form. Things should continue to be volatile. And, if the company gets back on course, new hires and people who made it through the carnage will be part of the biggest corporate turnarounds of all time. In any event, I was certainly not going to tell the guy to "take the gig" or even to "run away." That's got to be his call. I didn't hear from Rex for several weeks so I emailed him, asking for an update. His reply offers insight for investors and folks who remain intrigued by what's happening at RIM. It also helps illustrate the delicate and pathetic position the company is in. RIM gets no respect because it doesn't deserve it. And it's definitely not fooling people who go through its interview process.