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Rap Sheet

Author:

Jam ok

Subject:

Earnings

Date:

04/25/19 at 2:55 PM CDT

 

 

READ: 4

RPLY: 0

0

0

RECS:0

Sentiment:

Neutral

Reply to:

MSG`#4953,`04/25/19
By LongTerm CapGains

 

Re: NOK continues to lack execution

lt cap,

The funny thing about the blurb I read on the news of earnings, is that their projections for rev/earnings in 2020 are well above what current numbers are. The market is reacting as if nobody believes the projections. And indeed, given their quarter after quarter of disappointments, I don't see why they deserve credibility, at least unless/until they deliver the goods. I do wonder whether those projections are possible or a pipe dream, given the lack of what else they could do besides try to draw attention away from present performance by touting future execution.

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