lt cap,
In reading the Light Reading article, the similarities with ERIC
are less severe, but still followng suit somewhat:
"But the outlook seems bleaker than ever: Executives said
they were now expecting the addressable market to decline at a
"high single-digit percentage" rate this year, having previously
guided for a decline of between 2% and 6%.
Nokia expects its own market to shrink by about 2.2% in 2017,
although Ericsson insisted that its latest guidance was in line
with external market expectations regarding the radio access
network sector."
Perhaps I'm reading it wrong - thought 2017 would be a positive
year. . IIRC, in the last CC (or maybe the one before that) NOK did
follow ERIC's lead. But we're playing the long game, so after the
initial semi-shock of down ~4%, I went back to drinking my coffee.
In the long run, I'd expect the two companies start to
diverge in performance.
For ERIC, it seems that each CC they announce more job cuts as
cost savings measures, but that never seems to staunch the flow of
blood. Maybe they ought to fire everyone - before the market does
it for them.
Generally, the market FINALLY seems to be reacting, albeit
minorly, to Trump's (what I call) seeming detachment from issues
("I'm going to be really angry if the (Rep's) don't pass a
healthcare bill - "Bad dog, Bad dog - go sit in the corner"), lack
of uable to formulate or understand policy, and most of all,
obviously, his inability to get anything passed in congress. Market
has been floating on helium - I still can't pretend to pick a
downward move.
Jester: Always interested in info and plays in the VG sector.
Sounds like your timing is right.
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