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Technology Stocks : NOK at $3.12 or AAPL at $565? Which is a buy? -- Ignore unavailable to you. Want to Upgrade?

To: Lahcim Leinad who wrote (53)	5/23/2012 9:40:01 AM
From: sylvester80	Read Replies (1) \| Respond to of 163

New 15 year low for POS NOK... $2.78

To: Lahcim Leinad who wrote (53)	5/23/2012 10:49:59 AM
From: Lahcim Leinad	Read Replies (1) \| Respond to of 163

Like I said: What is Samsung doing to Nokia? - NASDAQ.com Posted 5/23/2012 8:00 AM Emerging market investors can be excused if they don't remember Novell Inc. or Wang Computers, once prominent in the world of technology. It's also understandable if emerging market investors who own shares of Alcatel-Lucent ( ALU , quote ), like those owning Nokia Corporation ( NOK , quote ) rather than Samsung ( SSNLF , quote ), wish to forget issuing the buy order with their broker. Novell was a hot name in technology before its revenues collapsed, taking its share price down until it was acquired for $6.10 a share by Attachmate Corporation in November 2010. Like Nokia Corporation, Novell was partnered up with Microsoft Corporation ( MSFT , quote ). Wang Computers could not find a buyer and filed for bankruptcy in 1992. Alcatel-Lucent, another tech train-wreck in the mobile industry , is now under $1.50 a share. Over the last five years, Alcatel-Lucent was once close to $15 a share. It was just downgraded on April 30, 2012 by RBC Capital Markets with a target price of $1 a share. Samsung has put Nokia Corporation on track to the same fate. While Samsung just replaced Nokia Corporation as the biggest seller of mobile phones in the world , reports are already out that bankruptcy is imminent for Nokia Corporation. Samsung has put Nokia Corporation in a position where no one would want to take over a company like Attachmate Corporation did with Novell. At best, a private equity or hedge fund company might purchase the company and sell it piece by piece. But that has not yet happened and probably won't until after a bankruptcy filing. Both Eastman Kodak and American Airlines tried to sell assets but potential buyers waited until after the companies collapsed into bankruptcy so the prices would fall. Private equity groups and hedge funds are not known for mercy or charity. Competition from Samsung has Nokia close to filing Chapter 11, as the trajectory of the stock manifests. Year to date, the share price has fallen by 36.10%. Over the past 52 weeks for Nokia, it is down more than 60%. The contrast between Nokia and Samsung could not be more stark. All about the new Samsung Galaxy S III Samsung is posting record earnings while Nokia's fall short of Wall Street expectations. New products from Samsung like the Galaxy series are doing well while the Lumia series from Nokia has been one costly disappointment after another, in every meaning of the word. When Samsung recently issued bonds, the rates paid were lower than South Korean Government debt. The bonds from Nokia have a junk rating. Wang Computers, Alcatel-Lucent or Novell: at this point, the best that Nokia shareholders can hope for is a low single digit share price. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.