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Re: is Meego Dead for Nokia ?

Quote:

Originally Posted by ericsson (Post 1028004)

It is common knowledge. Elop has sold everything in MS and purchased Nokia shares instead (if that makes him even more braindead, that's another matter ;) )

Don't reply in a way that makes you look foolish. As I clearly elaborated, I'm not seeking some nebulous anecdotal "common knowledge." I was seeking some reference so that if someone were to ask me about it, I can state incontestable evidence to prove said statements.

Quote:

Originally Posted by kevloral (Post 1028040)

Actually, that is not the case. He is still the eighth biggest individual MS stockholder:

http://www.dailyfinance.com/company/...onal-ownership

Elop (Stephen A)
Shares: 130,026
Estimated Value of Shares: 3.18 M US$

Thank you! That's PRECISELY the type of evidence I'm looking for. You, sir, are an asset to this forum.

Re: is Meego Dead for Nokia ?

Quote:

Originally Posted by kevloral (Post 1028040)

Hmm, I see my pension fund got some largish interest in there as well, so keep on going MS :D

But:
http://www.businessinsider.com/nokia...s-nokia-2011-2

That is common knowledge. However, Finnish and EU law does not allow him to simply swap shares when he is/was so deep involved in both companies, there are legalities involved, and it take some time. (To be honest I thought it was done by now).

Re: is Meego Dead for Nokia ?

Quote:

Originally Posted by danramos (Post 1028068)

And you sir Dan Ramos the zealot, if you have lived in the Dark Ages, you would have felt right at home with your pessimistic religious doomsday view on everything you disagree slightly with.

Re: is Meego Dead for Nokia ?

Quote:

Originally Posted by ericsson (Post 1028156)

That is common knowledge. However, Finnish and EU law does not allow him to simply swap shares when he is/was so deep involved in both companies, there are legalities involved, and it take some time. (To be honest I thought it was done by now).

Don't get me wrong I'm not picking on you, but aren't Elop an american and he's assuming duty as a CEO in a US listed company? How could Finnish and EU laws apply to him? Enlighten me please. ;)

Re: is Meego Dead for Nokia ?

First of all he is Canadian, and corporate governance is immune to nationalism. All corporations have well ironed rules when it comes to execs changing jobs. It has nothing to do with country of origin.

Re: is Meego Dead for Nokia ?

Quote:

Originally Posted by BigBadGuber! (Post 1028249)

Really, I didn't corporate governance is immune to nationalism. I'll do future research on that. Thanks.

Re: is Meego Dead for Nokia ?

What if wp7 strategy fails?

Here’s what Elop said in an interview with CNBC’s Bill Griffeth:

Quote:

Griffeth: Here’s the question I have, Mr. Elop. As you transition from the Symbian platform – the operating system you’ve had for so many years there – to the Windows operating system, you are already scaling back research and development. Trying to cut costs as you make this transition. But you’re making the transition to an operating system that’s been used for handsets for ten years and has failed to gain traction at this point against the likes of an Apple or Android. I guess my first question to is, you know what if it doesn’t gain traction? These new Windows phones that you’re going to bring to market later this year? You’re already abandoning Symbian for down the road? What’s Plan B if this doesn’t work?

Elop: Plan B is to make sure that Plan A is very successful. The critical ingredient for success are there, consumers are saying the Windows brand operating system is very good. Better in terms of their satisfaction than the competing platforms, but Microsoft hasn’t had a partner doing its best work for Windows Phone. That’s the commitment Nokia made through this processor. By bringing together our hardware, software and services assets with the strengths that Microsoft brings, we have a formula we believe will drive great success.

So Elop does not have a Plan B, I hope thats just ceo babble, otherwise I'm worried about the future of nokia.

Re: is Meego Dead for Nokia ?

Quote:

Originally Posted by Rugoz (Post 1028304)

What if wp7 strategy fails?

Here’s what Elop said in an interview with CNBC’s Bill Griffeth:

So Elop does not have a Plan B, I hope thats just ceo babble, otherwise I'm worried about the future of nokia.

I think WP7 strategy failing is plan A.

Correct me if I'm wrong. :D

Re: is Meego Dead for Nokia ?

Quote:

Originally Posted by Rugoz (Post 1028304)

So Elop does not have a Plan B, I hope thats just ceo babble, otherwise I'm worried about the future of nokia.

Great. Here comes another stock drop...

Re: is Meego Dead for Nokia ?

Quote:

Originally Posted by Rugoz (Post 1028304)

So Elop does not have a Plan B, I hope thats just ceo babble, otherwise I'm worried about the future of nokia.

Of course it is. When you launch a new strategy, even one we here think is foolish, you don't advertise that you're prepared for failure (even if you are).

And there's never a file in a drawer marked "Plan B" anyway.