lt cap,
Thanks for posting the Barrons/NOK article. Even though it
painted a pretty grim picture for the next several years. I
wondered what the dividend was, and it's skewed because it's a
payout 1 time a year. Divdend.com says the dividend yield is 5.86 -
although that doesn't sound right to me, but maybe it is, given how
far the stock has crashed in so short a time.
So, there's the dilemma as to what to do as a holder. I suppose
one could use the argument to sell, as it won't really be fruitful
until 5g is in force, maybe as long as 3-4 yrs. out, and come back
later to buy in. But at these prices, it's hard to push the button
to cash out, at least to some degree, given that it may bbe (or
not) overdone. One analyst said that he thinks the ERIC news may be
company specific. Perhaps so. But also, my guess may be as good as
his.
When I see the expectations set pretty low compared to last
year, I'd think with the lowered bar, they'd get more price
support, unless they really crash thru those
expectations.
So, in the end, what is there to do? It's hard to let go a
portion of this right now. I wish they'd pay dividends quarterly,
so one would know how their dividend yield (if they continue to pay
out at all) is fairing. But it's a long time till approx. May of
2017 to find that out. And any comment on it is very likely to be
negative news, as companies seem to announce dividend
cuts/eliminations when they're in financial trouble and need $ to
shore things up.
I guess as with INFN, at this point I'll sit tight and hope they
can push out some good news in the interim before 5g starts to
become a reality, and then a mainstream one. I feel like Rip Van
Winkle - go to sleep and wake me in 5 years. Although it could be
he wakes up, it is now post-WWIII, and 'telecom' has been reduced
to beating drums once again. Or smoke signals :-)