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Technology Stocks : Nokia Corp. (NOK)
NOK 6.855-4.1%12:50 PM EST
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To: veco who wrote (9103)11/23/2013 7:53:54 PM
From: tradeyourstocks   of 9255
 
Siemens is going through a reorg and they wanted out of NSN. Obviously it's pretty hard to sell 50% to a third party so they took a big hit selling out to Nokia at less than 0.5 x sales. Analysts value NSN at close to 1X sales.
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