Bought my first NOK shares a couple of days ago at $76, but only 40% of what I wanted to work up to. Bought the next 20% today, and have further ammunition if it goes down more.
Cell phones are a world paradigm shift, only a small percentage of world population has such phones right now, and since technology is always changing (smaller, lighter, longer lasting, more functionality, etc.), there are many product cycles of upgrades for existing customers to go.
If one group of companies stays above world market turmoil, it will be the wireless phone companies.
O. |