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Technology Stocks : Nokia (NOK)
NOK 6.070-1.5%Dec 5 3:59 PM EST

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To: Lahcim Leinad who wrote (30494)7/18/2012 4:31:03 PM
From: sense  Read Replies (2) of 34857
 
I'm noting "issues" in the trade that have me thinking $1.35 out of the meeting tomorrow...

I think a lot of NOK holders have not yet begun to come to grips with HOW UGLY the numbers are going to be... and what it will cost NOK to waste another TWO QUARTERS with red ink flowing everywhere... before they "might" be in position for there to be a turn around...

Those touting the value of the NOK IP as a backstop in the share price... also appear not to be coping well with the reality that long before NOK gets to the point in the BK where they will be forced to auction off the IP... the hole being dug NOW... will get a LOT larger and deeper...

The trading dynamic is a better reflection of the pace of erosion in those "not getting it" suddenly "getting it" than it is anything remotely close to showing "fair value" in the NOK share price, now...

How much money is it possible for NOK lose over the next six months ?

What is the impact on the predictions in the red ink... of the recent changes in the trajectory in sales, and the market rejection of the devices that has them slashing prices... and basically giving up on making any $ ?

How will they spin that... tomorrow ?

The dogs wearing the right tutu's with jaunty hats... will not stop the pony from taking a crap on the stage...

I expect tomorrow to be a classic....

Call it... Elop's performance of "The Aristocrats"...

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