Now try to find something else to gloat over.
Hey, I'm trying, but the only gloating being done in this market is by shorters, and I don't short. vbg. You are welcome to gloat over the value of my portfolio, which has taken taken a severe beating. Not underwater yet, but will get there if this mess continues.
Merrill Lynch has taken a batstick to the entire wireless sector at a time when everyone and his mother knew that the sector sucked. Don't understand why ML felt the need to kick a dead horse, but there you have it. Perhaps the law suits being filed against it as a result of the, ahem, contradictions between its analysts' statements during the bubble and its actual actions have resulted in a more conservative outlook. It could be PR fodder for the upcoming suits, who knows.
In any event, we are all investors living under the big wireless tent and we're all taking a whipping.
My guess is that this software has not been implemented anywhere else in the world and that unexpected interference occurred.
Read the document filed by Nokia carefully. It appears that the Ericsson-supplied GSM networks do not have the TTY problem Nokia faces. It is clear that AWE is not seeking an extension for the Ericsson side, only for the Nokia side.
And guess what? Nokia is in the green as I write this. vbg. However, I still stand by my statement that Nokia will see high single digits before year's end. I'm a buyer at those prices.
We'll see. |
