PressitOn All Seeing Eye^TM (PASE^TM) Methodology

NOKIA AND BLACKBERRY COMPARISON

1. PASE^TM - based on the last 4 to 10 years of calculations explains the company’s financial situation.
   
   
   Main Range of PASE^TM:
   -20 ------------------------------------------------------------------------------------------------------------------------- +20
   
   
   PASE^TM - example:
   (Links are visible to investors)
   
   NOKIA: -14
   BLACKBERRY: +14
   
   
2. PASE^TM Internal Strength (PIS^TM) - two companies with the same PASE can still be different in their internal financial situation.
   
   
   Main Range of PASE^TM Internal Strength:
   -900 --------------------------------------------------------------------------------------------------------------------- +900
   
   
   PASE Internal Strength:
   NOKIA: -72.5
   BLACKBERRY: +327.5
   
   
   
3. PASE^TM DEBT - the closer to zero the better.
   
   One of the crucial elements of company analysis is finding out how well the company can cope with debt, and how much influence the debt will have on business development.
   
   
   • PASE Short Term Debt
   • PASE Current Portion of the Long Term Debt
   • PASE Long Term Debt
   • PASE Debt Total
     
     
     Main range of PASE^TM DEBT:
     -500 --------------------------------------------------------0---------------------------------------------------- +500
     
     
     
     PASE Debt Total
     NOKIA: +462.24
     BLACKBERRY: +4.45
     
     
     
     
4. The next step, a financial projection for three years offers information about the company’s growth potential, based on its business strategy.
   
   In the financial projection we expect a growth of PASE, PASE Internal Strength, and to be able to get PASE Debt closer to zero.
   
   Please click below to see an example in graphic form:
   
   CURRENT VALUATION AND DEVELOPMENT PROJECTION EXAMPLE
   
   
   
   
5. To conclude, there is an on-going discussion as to whether or not Michael Dell made up the story that his business’s deterioration, in order get a cheaper price for the buyout, or if it is in fact really experiencing a slow down.
   
   
   PASE FOR DELL IN THE LAST 3 YEARS SHOWS THE COMPANY SITUATION DETERIORATING