| Yep, Nokia is doing well and they will be a leader when the telcom meltdown ends, IMO....They are a big customer of RBAK's, and we can assume that will continue, considering NOK bought 10% of RBAK......if only they would buy a larger stake, now, with things so dire looking and share price so low...if NOK did, I would be willing to bet it would cause rbak to jump nicely past that ridiculous .35 Upgrade <ggg>....Rbak is either going MUCH higher then .35, or she's going under eventually....a .35 target is a joke and unrealistic...as I said, she will be much higher if things improve, or she will be dead and buried.....Now, if only there were a rumor that Nok was looking to buy a larger stake, even that would do alot, IMO....but, all we can do is wait and see....I contacted NOK and asked questions concerning their stake in RBAK...I asked all kinds of questions...some they could answer, some they could not....I asked if they still felt good about rbak and the 10% stake they have in it....they said they were.....I asked if they were considering taking a larger stake and I got a laugh and a " you know very well we cannot disclose that kind of info prior to it becoming public knowledge"....so I said " so, your talking about it, but can't tell me until it is made public??" ( trying to trick her up <ggg>" Laughed again and said " I cannot tell you whether we are talking about it or not talking about"....but she did say they were happy with their relationship and although she couldnt say whether RBAK was going to survive or not, she did say that obviously Nokia is happy with Rbak or they wouldnt be doing business with them or bought that 10% stake.......I asked how they felt about taking that stake at $2.75 and now see the stock at .25----she said " we feel like anybody else does that bought a stock at $2.75 and watched it go to .25" <ggg>...I asked again " if you believe in rbak, and you bought at $2.75, wouldnt you be thinking of buying more at .25"....she again said " as an individual investor it is something I would consider, as I would on any stock I am interested in, but as far as NOK goes, all I can say is I cannot disclose if they are thinking about buying more, selling or anything company related that is not public info"......so, who knows what the NOK factor will be....personally, I'd love to see them announce they are taking a bigger stake, but who knows if they will or not...certainly not I....... |
