Thread: Let's talk Nokia stock!
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danramos is offline danramos
2012-06-20 , 04:46
Posts: 4,672 | Thanked: 5,455 times | Joined on Jul 2008 @ Springfield, MA, USA
#1583
Originally Posted by Lumiaman View Post
NOKIA stock is a great buy. Its doing what it has to do. Symbian is goner, Meego and Maemo were never relevant. So Symbian lost the competition to superior Android and iphone. NOKIA is doing the right thing: focusing on making Taliban phones, where it still enjoys some following, and taking MS as their higher end OS. Whether they survive is unclear, but they have little choice. They took a gamble, and it may payoff or kill them. I tend to be an optimist, as this field of technology is very rapid with innovation. Only time will tell if NOKIA made the right move, but at least they made a move. Prior to Elop, it was business as usual which would have killed them for sure
It wasn't the only thing they could have done. Arguing that is like telling someone who is getting sicker and sicker with a cold that the only thing they could do is to commit suicide. Nokia was getting sick but they took the WORST possible choice of all the choices they had. Even doing nothing would be better than suicide! Of course, Elop really didn't want to taste the GREEN ANDROID flavored NyQuil--which would certainly have helped a lot more than taking Windows Phone flavored hemlock.

Originally Posted by lma View Post
They did last month (minutes). I feel sorry for the collateral damage but the investors deserve everything they got IMO.
Microbrains. It's an appropriate label on many levels.
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Nokia's slogan shouldn't be the pedo-palmgrabbing image with the slogan, "Connecting People"... It should be one hand open pleadingly with another hand giving the middle finger and the more apt slogan, "Potential Unrealized." --DR