Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jurgis Bekepuris who wrote (43025)	6/18/2011 4:27:00 PM
From: Spekulatius	Read Replies (1) of 78644

re NOKIA - I would not buy a failing company like Nokia based on the dividend it used to pay. it is very likely that Nokia will reduce or entirely eliminate it's dividend going forward so safe cash. this company is fighting for survival. RIMM is in a similar boat - they are run over by Android and Iphones. No competitive phones until next year. They announced 500k shipment of their playbook but did not talk about how many they sold. I suspect it's a bust, there is no buzz around the playbook. Motorola's Zoom (which was overpriced when it came out) is a bust too. Wayne Gretzky once that that you have to run where the puck is going, not where it is right now. This is the problem with companies like RIMM and NOK - they are cheap based on what their financials were 3 month ago but they are probably not cheap based on where their financials are going to look like next year. Declines in the tech business can happen very fast. this is from a bagholder of a few CSCO shares purchased at 19$. I am still waiting for my bounce. FWIW, I think that CSCO is fixable.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next