OT - NOK
<p>OT - NOK </p> <p>So, NOK buys Eta
devices, a startup that specializes in amplified power effencies
for an undisclosed sum. Sounds like a good fit to me. And today,
it's off </p> <p>2-3%. But it doesn't sound like
an aquisition is the problem today. So far, all I see is that
Europe has a slew of declining stocks "as the telecom stocks
retracts. </p> <p>That's a news story? A headline
with no explanation? It's early, I will have to read
elsewhere as to the</p> <p>important 'why?' question.
With a boatload of NOK, a contraction of 2-3% is a bit of a sting.
As lt cap noted, ALU was near 7 when it made holders</p>
<p>forced to sell their ALU. That truly sucks, given that I
have a big paper loss, but I can't realize it, as I can't time when
NOK might get a substantial</p> <p>upward boost.
Suri must be under the pressure to perform. But I'll bet if
Putin threatened to annex the other half of the Kola peninsula that
is Finland,</p> <p>he might get NOK's act together
sooner. (Finland used to be made up of the entire Kola peninsula,
but Russia's empiric expansion took half of it.
It's </p> <p>why Finland entered WWII on the side
of the Nazi's, hoping to reclaim it. Unfortunately, their
army was worse than France's in terms of fighting
ability.)</p>
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Suri has missed estimates twice in a row, hopefully he learned
his lesson and set expectations low enough. This market has
not been kind to companies that can't get a true sense of their
business fundamentals.
With the intergation going forward, there are potential problems
with employee morale, specially in service and sales.
Hopefully he has a handle on that. That is my concern,
I have not heard anything to that effect, I suppose that is good,
since bad news typically travels fast and far.
The positives are many, but this market hs not cared about any
of the many good news coming out of the company, all that matters
is show me the money. Suri better show us all that big
progress is being made.
I am ticked off that the market just has not reacted to any of
the good news, but I remain firm and very positive about the long
term potential. My price target for late 2019 to early 2020
still is $13
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Author:
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LongTerm
CapGains
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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10/06/16 at 1:07 PM CDT
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