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Frappacino is offline Frappacino
2010-06-16 , 16:00
Posts: 619 | Thanked: 691 times | Joined on Feb 2010
#21
Currently equities are not trading on fundamentals but technicals. Unless you are a trader who has a handle on the structural issues in the monetary systems in the world economy, I think you are asking for trouble going long on any stock long term.
 
quipper8 is offline quipper8
2010-06-16 , 16:04
Posts: 1,096 | Thanked: 760 times | Joined on Dec 2008
#22
Originally Posted by danramos View Post
If that's the case, why are we here? Why piss off a bunch of people in the US? Better question, why were we stupid enough to buy their crap? heh
Well, while they make gravy in developing markets they are releasing delicious(for me anyway) maemo experimental devices now and then and i am very happy they release these devices that are somewhat still an R&D project for a small department of Nokia. it looks like they have seen enough demand now and will be further developing meego as more consumer centric type with more resources behind it.
 
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danramos is offline danramos
2010-06-16 , 16:05
Posts: 4,672 | Thanked: 5,455 times | Joined on Jul 2008 @ Springfield, MA, USA
#23
Originally Posted by Frappacino View Post
Currently equities are not trading on fundamentals but technicals. Unless you are a trader who has a handle on the structural issues in the monetary systems in the world economy, I think you are asking for trouble going long on any stock long term.
How does this help us release our frustrations on Nokia as consumers?

Originally Posted by quipper8 View Post
Well, while they make gravy in developing markets they are releasing delicious(for me anyway) maemo experimental devices now and then and i am very happy they release these devices that are somewhat still an R&D project for a small department of Nokia. it looks like they have seen enough demand now and will be further developing meego as more consumer centric type with more resources behind it.
To what end? What's the point of the R&D device if it'll never produce anything that ultimately will have a userbase or purpose? I sincerely feel that Meego will not go anywhere with Nokia pulling stunts. Even Linux desktop distros have a purpose.
 
Frappacino is offline Frappacino
2010-06-16 , 16:07
Posts: 619 | Thanked: 691 times | Joined on Feb 2010
#24
lol it doesnt. Its just a friendly word and of course I could be wrong - as usual DYOD and YMMV.
 
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Dave999 is offline Dave999
2010-06-16 , 16:11
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
#25
Must also consider decreased value of the €. Not good for nokia. This makes the position even worse.
 
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danramos is offline danramos
2010-06-16 , 16:23
Posts: 4,672 | Thanked: 5,455 times | Joined on Jul 2008 @ Springfield, MA, USA
#26
Oh Nokia.You're adorable. It's cute to see them trying so hard sometimes. Sometimes.
 
colnago is offline colnago
2010-06-16 , 16:33
Posts: 518 | Thanked: 160 times | Joined on Dec 2009
#27
Originally Posted by Frappacino View Post
Currently equities are not trading on fundamentals but technicals. Unless you are a trader who has a handle on the structural issues in the monetary systems in the world economy, I think you are asking for trouble going long on any stock long term.
Long:

- APPL
- GLW
- CRUS
- MU
- PWER
 
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danramos is offline danramos
2010-06-16 , 16:35
Posts: 4,672 | Thanked: 5,455 times | Joined on Jul 2008 @ Springfield, MA, USA
#28
Originally Posted by colnago View Post
Long:

- APPL
- GLW
- CRUS
- MU
- PWER
OMG! CODE! Quick.. anybody here know how to solve puzzles or something??
 
Patroclo is offline Patroclo
2010-06-16 , 16:35
Posts: 275 | Thanked: 46 times | Joined on Feb 2010
#29
It's rather strange to see people who are happy about Nokia's financial problems.
If Nokia will close, then you cannot buy Nokia products any more.
Think about it...
 
quipper8 is offline quipper8
2010-06-16 , 16:36
Posts: 1,096 | Thanked: 760 times | Joined on Dec 2008
#30
Originally Posted by ysss View Post
@quipper8: do you think Nokia's failing grades are.. somehow undeserved?
that it needs to be blamed to some other entity?
I would say falling, not failing

stock prices generally reflect the now with little regard for long range strategy of a company. in other words, IMO, now is a great time to buy Nokia.

While the north american mobile market bumps and grinds it way towards a more open landscape where there is unlocked freedom, less subsidy and contracts and carrier binding, and transition to 4g technology based on gsm(LTE), nokia is bolstering its position in developing markets to the tune of greater than 50% market share.

in the next few years, nokia can have a more technically savvy market in most of the world with brand awareness/loyalty AND a more open mobile landscape in the US upon which to release new smartphone models. Nokia can transition its massive manufacturing to primarily smartphones when this international critical mass arrives.

This is definitely a tough time of transition and reorganization for Nokia but I think the future for the company is quite bright.
 
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