People discussing whether RIM, Yahoo, MySpace, etc can ever turn it around and return to past glory. Turnarounds are hard in general & I believe near-impossible in technology, largely because struggles are often born in having missed a shift in technology, platform or markets, from which it's near impossible to recover due to speed of innovation & network effects.
One alternative is to try and reorient the company towards a bet on the *next* shift but if the company had the skills and resources to achieve this goal, it wouldn't have ended up where it is now.
Finally some folks suggest using current cash flow to just buy up promising startups and let them create the future, but I have no examples of this actually working.
So, can a once dominant tech company ever refind its footing after landing in the basement?
** And no pointing to Apple - they might simply be the exception to the rule, unless you can cite other companies which followed their pattern.