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Posts: 840 | Thanked: 823 times | Joined on Nov 2009
#1846
Originally Posted by specc View Post
True, but a handful of boozed out geeks does not a business sink.

I really don't know how to explain this so you understand, but the thing is, the majority of people investing on the stock market are the cautious kind. They invest lots and lots of money, spread out the risk and creates investments for their customers that has only slightly higher risk than the bank, but also only slightly higher gain. Then there are traders that buy and sell and try to manipulate as best as they can to make a profit. And of course there are private people with more or less success.

There are other type of investors accepting much higher risk, injecting money into businesses directly. They can roughly be divided in two groups. One is purely profit driven. They pump up a company so it can (hopefully) be sold at huge profit after a few years. The other group of investors are involved in the industry, the details. They are genuinely interested in creating industries. Typically they are successful entrepreneurs themselves.

It's the last mentioned kind of investor that makes the world rotate. All the others are just bean counters. What makes them tick is to succeed in what they have set out to do, whatever it is, money is just a tool, and the profit is just icing on the cake. That's the kind of investors that owns the majority of Nokia. They may of course fail, because the risk is high, but they wont let fluctuations on the bloody stock market influence what they are doing.
Never thought I'd say this but you are as clueless as Lumiaman. Boozed out geeks? You think it's boozed out geeks not buying Nokia phones? If anything it's a bunch of not very sober geeks keeping Nokia alive by buying them.

I don't think you understand a public company at all.
Can I ask who these investors are, where their money is going and how exactly they are financing Nokia? There has been no leveraged buyout.

If these special investors exist then why are there factory closures, sales office closures and mass layoffs? Do you honestly believe Nokia wanted this to happen if it had the financial backing needed to keep them running? It's very naive and frankly stupid to think that the "bean counters" do not matter.

Anyway, as predicted last week, stock decrease in the run up to the earnings report. A buyout is a possibility but I'm not sure who would want the baggage other than MS (it's their baggage, a type of third party poison pill), so it may not happen at all.