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Re: I believe the NOK
investment horizon will be longer and very
lucrative....
lt cap,
Not that anyone would necessarily know, and not that it matters
at this point, but it's curious to me why NOK shares jump 3.5% on
news that isn't a surprise at all (enough shares to follow through
with their takeover). Had been warming myself up to the idea of
accumulating more in the low 7's - good luck with that, lol. I know
that in the larger time-framed picture, 3% isn't of consequence.
Perhaps NOK is entering that 'black hole' of beta that INFN and
CIEN are always in (my God, but the sell-down in CIEN has been
brutal - and with no positive catalysts that I can see for a
while.) At least I hope the date that they stole..um, I mean -
'acquired' those shares was before today's rise. And I hope NOK
keeps a small, but nice, dividend, as that would be an extra bonus
over the years.
The one question I do have is this, altho it seems rather naive:
What is the sector that NOK, Ericsson, and Haiweu (sp) will divide
among themselves.? Doesn't sound like a clean op net play ('cept
for the ALU component, and Cisco partnering with Ericsson), but I'm
not quite clear what it is they compete over - Handsets?
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