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Technology Stocks : Nokia (NOK)
NOK 6.0800.0%Nov 28 9:30 AM EST
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To: Road Walker who wrote (29774)6/23/2012 10:27:53 AM
From: sylvester80   of 34857
 
I hope you don't have as much as I do invested on POS Nokia... I expect the next 2 quarters to be complete disasters with cash burn over a billion for each... in worst case scenario, PPS could hit the pink sheets (below $1) in the next six months as Nokia phone sales completely dry up. And given MSFT's history with major updates, I expect WP8 to be late and buggy. That of course may not matter much to MSFT, but it will be catastrophic for POS Nokia.
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