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Technology Stocks : Nokia (NOK)
NOK 6.585+0.8%Dec 24 12:59 PM EST

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To: sylvester80 who wrote (34259)8/22/2013 12:48:33 PM
From: zax1 Recommendation

Recommended By
FJB

  Read Replies (2) of 34857
 
Perhaps you should sell your stock in Nokia, Syl, if you don't believe in the path they have chosen.

To be clear, Nokia will not be making an Android phone and any point in any forseeable future. They simply won't be.
Nokia will not be firing Elop.
Nokia will not be changing their Windows strategy.
Nokia will attack both the high and value end of the market very aggressively. The value strategy will lower ASPs, not only for Nokia, but will suck the life from Apple as well; because it does in fact show the iPhone look like the rip-off that it is. The average ASPs for all smartphones will come down in the coming quarters as more people come to own smartphones.

If you have a problem with the above reality (that will not be changing) there is really no good reason I can think of for you to be holding the stock.
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