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Author:

LongTerm CapGains

Subject:

Off Topic

Date:

08/31/17 at 7:09 AM CDT

 

 

READ: 3

RPLY: 1

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Sentiment:

Neutral

Reply to:

MSG`#4423,`08/30/17
By Jester Debunker

 

Re: Nokia Buyback

The stock is consolidating the 50% move it had from $4.08 to $6.55

Fundamentally speaking there are few catalyst till next year.  Matbe Huaweii agrees to sign a patent licencing agreement before year end, but it could also slip into next year, assuming they do not go the litigation way.

The rest of this year is rather quiet.  Next year should be the start of a modest ramp in revenue and profit growth.

Next year, Verizon and ATT will start deployiung "Fixed" 5G wireless to the last mile, so that should help, but I suspect it will be on a slow ramp into the future. Cellular 5G is more towards the end of the year and that too will be a slow ramp up, picking up pace into 2019 and beyond.

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