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Posts: 322 | Thanked: 218 times | Joined on Feb 2012
#1849
Originally Posted by Cue View Post
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.
As I said, explaining this for bozos is hard. The main investors can do whatever they like, except altering the distribution of shares.

You have to stop thinking stocks, and start thinking industry. The stock market is irrelevant for Nokia, it is of no use to them. There is no fresh cash there. The only fresh cash is directly from the share holders, but as I said, that will not happen untill Nokia has shrunk down to a size that is natural for the new company. They are still too large.