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Rap Sheet

Author:

LongTerm CapGains

Subject:

Earnings

Date:

10/12/16 at 1:45 PM CDT

 

 

READ: 4

RPLY: 1

0

0

RECS:0

Sentiment:

Neutral

Reply to:

MSG`#3982,`10/12/16
By Jam ok

 

Re: Ericson warns that it will miss again

NOK also is in the Router and Switching and SDN markets.  These should help cushion some of the brutal decline in the Wireless segment.  

You may be right about NOK having missed several quarter, the reason I count two is because my reference is post ALU merger, but NOK may have missed guidance before that took place.

Suri saw this coming, hence the ALU acquisition, the problem is the decline in wireless is huge.  Also, given the magnitude of Ericson's miss, the market is correctly doubting that NOK can deliver this quarter guidance.  The odds are against it, right or wrong.

This past year has not been a happy one.

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