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#1621
Yeaaa baby, time to buy more!
 
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#1622
If you are hoping that once they hit $1, within a couple of months as it seems, somebody will make them an offer they cannot refuse ($2 buyout) - you either have some strong inside info, or you are bigger gambler than Mr. Flop. This is all under the false assumption that you are not a juvenile troll with nothing better to do than spew claptrap, of course.

In other news, OMX closed with 1.71, way bellow their history low, and a sharp 11.39% drop, which is massive even if you take into account the Nasdaq fluctuations. It took a while for investors to become aware on how dire the Q3 will be for Nokia due to the second Osborne in a row, this time performed by Microsoft on Nokia's behalf, but at least I have faith in the market once again - a few posts back I was astonished how Microsoft announcement didn't affect Nokia stock value (by at least 10%), but I guess the market moves a bit slower than I'd expect and OMX being closed on Friday may had something to do with it as well.

Either way, I expect the stock to continue to drop (not as sharply as today, tho) until 19. July when Nokia releases their Q2 report at which point we might have the sharpest drop since Feb'11, but the one to send them under the ice will probably be the expected Q3 profit warning.
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#1623
This is a good stock to buy. WP8 will grow, just like Xbox came in and outgrew nintendo and other stuff. No way NOKIA is worth this little. This is how money is made.
 
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Posts: 7,075 | Thanked: 9,073 times | Joined on Oct 2009 @ Moon! It's not the East or the West side... it's the Dark Side
#1624
Originally Posted by Lumiaman View Post
This is a good stock to buy. WP8 will grow, just like Xbox came in and outgrew nintendo and other stuff. No way NOKIA is worth this little. This is how money is made.
You must be a poor fellow
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I don't trust poeple without a Nokia n900...
 
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#1625
Originally Posted by Lumiaman View Post
This is a good stock to buy. WP8 will grow, just like Xbox came in and outgrew nintendo and other stuff. No way NOKIA is worth this little. This is how money is made.
“There is a very easy way to return from a casino with a small fortune: go there with a large one.” - Jack Yelton
 
Posts: 322 | Thanked: 218 times | Joined on Feb 2012
#1626
Let's rock'n roll

That's what I imagine the Nokia board is doing. Some surrealistic wild never ending party; sex drugs and rock'n roll while the ship heads down to the deep.

I hope I will get my 808 before it all collapses though.
 
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#1627
When can we expect that the value of Nokia goes below the value of the patents? What part of Nokia is reposinsble for the patent?
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#1628
Originally Posted by Dave999 View Post
What part of Nokia is reposinsble for the patent?
The Microsoft part, Mosaid.The patents and maps were given away.
 
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#1629
Originally Posted by zimon View Post
The Microsoft part, Mosaid.The patents and maps were given away.
So windows will not be using bing maps anymore. That is great. Bing maps is useless.
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#1630
Originally Posted by zwer View Post
Boston Chicken got infamous for fixing their books to appear solvent even with too rapid expansion - at some point it was even considered a great success, and Wall St. favorite... right until it plummeted to penny stock within less than a week once the true state of affairs became public - it was one of the sharpest stock price drop in the 90s. Granted, Elop wasn't a CEO back then, but as a CTO and he certainly knew about shenanigans they were doing, he probably even helped with that...

There is a great read on rise & fall of Boston Chicken @ http://www.fool.com/EveningNews/foth...foth981007.htm . I remember people were screaming about the Boston Chicken fiasco when Elop took the CEO spot of Macromedia, saying that one that was involved in the BC scandal should never be allowed to be a CEO of anything... Little did they know they won't be Macromedia anymore within short three months of his reign.

If you look at history of this guy - wherever he went, except Microsoft, that company suffered greatly. Even Juniper Networks had quite a stock price drop during his short stay with them... I'm not saying that he did (or was in a position) to do bad all the time, but that's his track record... To this day I can't figure out what has qualified him to become a CEO of, back then, one of the greatest tech/telecommunication companies in the world. Nothing from his history to recommend it for that place, nothing whatsoever...
Wow! Thanks for all that info! I knew about his miserable failures in tech companies (Macromedia and especially at Juniper--at one time Juniper was trying to convince me to come work for them back when I was living in Santa Clara, CA, and I DID respect their tech but the company seemed iffy to me and I'm very, VERY glad I didn't go that route. Too bad.. Juniper made EXCELLENT networking hardware--they were the first to do a proper OC148 switching fabric long before Cisco's BFR's did it right *AND* it was all BSD based. What an incredible shame they were ruined.

My crazy theory: At Microsoft, they probably figured out only too late after hiring him what a walking catastrophe he really is and decided that the only proper role for him is as a mole to drive other companies into the ground. Voila! Nokia gets a new CEO and partner up with Microsoft on phones. Strangely coincidental job losses, stock losses and other misfortunes ensue!

Originally Posted by gerbick View Post
Rare to see a company voluntarily get rid of plausible Plan B's. I think I have to go back to Atari for that kind of oversight.
Damned Tramiel kids. They ruined the company. >.<

Originally Posted by Lumiaman View Post
Yeaaa baby, time to buy more!


Originally Posted by zwer View Post
...how dire the Q3 will be for Nokia due to the second Osborne in a row, this time performed by Microsoft on Nokia's behalf...
Elop can't do ALL the heavy lifting and dropping all over the ground. Balmer's been pretty good at ruining a company that couldn't lose, too! (*coughLONGHORN*coughVISTA*coughcoughZUNE*) Sorry--clearing my throat now. Ahem. He's no Elop, but he's clearly aspiring.

Originally Posted by Lumiaman View Post
This is a good stock to buy. WP8 will grow, just like Xbox came in and outgrew nintendo and other stuff. No way NOKIA is worth this little. This is how money is made.
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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
 
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