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Technology Stocks : Nokia (NOK)

NOK 6.255

+1.0%

Dec 3 3:59 PM EST

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To: Lahcim Leinad who wrote (30579)	7/19/2012 2:08:22 PM
From: sense	Read Replies (2) of 34857

They lost $3 billion last year... and lost $1 billion this quarter... even inspite of the effort made to mask the extent of the problems... Analysts projected an $0.11 a share loss... and they delivered a $0.10 a share loss, on the basis of coming up with a raft of "one time special things that we're going to pretend don't count"... while the REAL number appears it is $0.49 a share in losses... if you ignore the accounting sleight of hand to move the losses into categories they can opt to "not count"... And, on that basis, we're supposed to celebrate, kiss the pig, and hear the background noise... WHEEEEEE !!! Of course... that's just the pig squealing...

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