| Because Nokia's management, in response to growing negative reports from others in the industry, gave no indication directly or through their body language of a change in forecast for unit sales growth; although it must be noted that management did say today that the company's performance this quarter surpassed even their own revised expectations. I also have received communications from others familiar with the company, shall we say, indicating anecdotally that things were not as bad as the market appeared to presume. Also, Motorola's strategic withdrawl from the high volume, low end of the market combined with Ericsson's manufacturing shift to outsourcing I believed provided logical reasons for why industry components suppliers might be facing a rough time independent of Nokia's fortunes. I sure didn't know that Nokia had chosen to shift a large amount of business away from RF Micro. I also have no confidence in Motorola to accomplish anything in the mobile realm anymore. Anyone who has read about Motorola in its hometown newspaper, the Chicago Tribune, over the last several years knows what a chaotic, pathetic, bungling, unfocused conglomerate it has become. Motorola is just a shell of what it once was. The name remains but the greatness has been gone for a while. This often happens under CEO's who received their position as a sinecure. They are just twisting in the wind. Their executive turnover is amazing. Just a hollow name anymore echoing increasingly faintly of the past. They did make a good move in hiring Bo Hedfors from Ericsson early last year; although he can't really have an impact on the company alone or even with ten clones of himself. |
