Jamok,

Disclosure before I go on:  I bought 500 shares today, I plan to continue to accumulate and plan to continue to do dividend re-investment for at least the next couple of years.  I repeat that I am in this for the very long term, admittedly, it will be a much longer term than I had envisioned, I originally thought it would be 4 years’ total, it now looks like a it will be 4 years from today. I remain convinced this will pan out and deliver a $11 to $14 stock price over that time frame, and higher if I can muster the necessary patience.  At this point in time, I am actually hoping the stock remains at these low levels for another 6 months so that I can add a decent number of shares to lower my cost average.

The company has a solid balance sheet.  Yes, the main business, i.e. the wireless networks division, has declined far more than was expected, but it Nokia poised to become number one in the time frame I am willing to wait.  I believe that next year will indeed be the low point from a revenue point of view, but should also see the beginning of growth from a profit point of view, this, because of the cost cutting.  Am I right? Who knows, I have missed the boat, but what the heck, I am likely to right at some point, LOL.  Even a broken clock is right twice a day!