BlackBerry can thrive as a "niche company" once the Canadian outfit sells off "subsets," said Bert Nordberg, a member of a special panel of its board of directors charged with determining the company's future. Nordberg offered no opinion on what units BlackBerry should retain but pointed to the value remaining in its enterprise business, hardware functionality and secure communications divisions. "If you look at BlackBerry's book value versus its market value, it's clear that there's lots of work to do," he said.

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