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Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

04/24/17 at 2:00 PM CDT

 

 

READ: 3

RPLY: 0

0

0

RECS:0

Sentiment:

Neutral

OT - NOK and networkers

OT - Read a news article at brokerage that seemed to be mixing details with what I thought was an unrelated story about an oil company. In any case, it *sounded* like either NOK was acquiring another company for cash, or, tht the deal had not been consumated, which might explain why NOK is outperforming most anything within or without the sector. I think this follows the pattern of if an acquisition falls through, often the stock jumps since money, in whatever form, will not be spent.

There is also a story, of some gravity I think, that Germany has announced that they're way behind the curve on internet infrastructure, and plans to build out networks that operate at much higher speeds than is currently in their system. I love stories that even have a small 'cha-ching' of the cash register. Of course, NOK and the sector need to see some nice, big, capital outlays that it'll get at least a piece of.

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