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Nokia Corporation Message Board

  • stockhog2010 stockhog2010 Sep 4, 2010 10:12 PM Flag

    Why NOK is a great long term investment

    NOK has had a difficult year and so have most companies throughout the world considering we have been in a global recession for a decade now, it has reached the peak and will start to improve in 2011 and be running well again in many industrialized nations within 24 months. Bush did not cause this in the States and neither did Obama. This is not related to politics. It is related to a natural global financial cycle and it just so happens one this major comes along about once each century. The last one started in 1929 and ended in 1940. There were many small local recessions after that will the most problematic in the 1970s and 80s which lead to the mini crash of 1987 followed by a huge recovery and then a bubble in the 90s in the stock market and then another bubble short term in the housing.

    “Nokia plays a very large role in the economy of Finland; it is by far the largest Finnish company, accounting for about a third of the market capitalization of the Helsinki Stock Exchange”

    Finland is a Socialist country just like every other major world player such as Japan, Germany, England, Canada etc… NOK plays such a large role in the Finish economy that government is not likely to ever let anything bad happen to NOK. NOK is about to spread itself in the States soon and other areas.

    These are the times and this is the year to get NOK stock at bottom levels. After this year, NOK is not likely to go back to the lows that will have been made in 2010 unless to fill a technical gap like AMD is doing right now from last November. Once any gaps are filled this stock will not be lower than the teens again.

    People tend to buy stocks high when most news is positive and they think 40 a share will mean 60 a share before long when it turns out 40 is going to be the top for a few years and it will then fall back to the 20s for a while and perhaps do a split or pay a dividend to longs etc and smart longs continue to buy on dips and also sell what they bought under 10 bucks for 40 bucks while the bulk of the crowd buys at 40 in hopes of 60 and tend to door poorly.

    NOK is a great company and this is the time to be averaging down.

    Other than quotation this post is my opinion.

    For quotation.

    http://en.wikipedia.org/wiki/Nokia

    http://www.nokia.com/

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    • ranni got what he wanted...a rise from the long NOK defenders / cheerleaders...he is right about one thing IMO: NOK has to prove the success of its strategic positioning with increased high-end smart phone market share across the globe...

    • Don't tell mu Bushie didn't creat this. He followed his fathers footsteps. WAR and housing crisis. They were both inept in handling the economy. Flexing their muscles they were better. papa Bush had the S@L fiasco and his son trumped him
      by instigating the housing boom so we can forget about the money being wasted in IRAN. Now its payback time. It doesn't mean that Americans are going to stop buying technology, though. NOK has a name here in the states and this Tablet business is so early that everyone will have a piece. The question is how firms will differentiate from each other. I for one will have difficulty with a Tablet until I am convinced it is as secure as a PC and I want an INTEL processor.
      This ARMH crap is just that. AMD stinks. MIPS is for games.So, I'll wait till everyone works out their kinks.

      • 1 Reply to dvcerchio
      • Don't tell mu Bushie didn't creat this. He followed his fathers footsteps. WAR and housing crisis. They were both inept in handling the economy. Flexing their muscles they were better. papa Bush had the S@L fiasco and his son trumped him
        by instigating the housing boom so we can forget about the money being wasted in IRAN. Now its payback time. It doesn't mean that Americans are going to stop buying technology, though. NOK has a name here in the states and this Tablet business is so early that everyone will have a piece. The question is how firms will differentiate from each other. I for one will have difficulty with a Tablet until I am convinced it is as secure as a PC and I want an INTEL processor.
        This ARMH crap is just that. AMD stinks. MIPS is for games.So, I'll wait till everyone works out their kinks
        __________________________


        I was in hopes not too much politics would come into this but here is the truth:

        Yes, Bush made our national economy worse and much of that was by going into Iraq at 3 BILLION a week when Iraq did not attack us and he knew there were no WMD or he would not have sent ground troops in until WMD were taken out. He invaded out of revenge of something that happened in the early 90s.

        That said, there was a global recession starting and the US is one nation that does not have the ability or wealth to cause the whole world to go into a recession. We are in a global recession and no matter who the president was or is now, things would be bad. Bush certainly added to our local problem but he did not create the whole problem and Obama has not been president long enough for us to know if he is making it better or worse. We will know the Obama effects next summer and in 2012. If things are not improved, people are going to vote for someone else like they did with McCain because they associated McCain with Bush policy.

        Nok has new things in the pipeline for that other poster that doesn't seem to know it.

        I should continue to disclose that I own shares in NOK and as for my political views; I did a write-in for Warren Buffett going back many years in presidential elections. I am not Republican or Democrat. I’m a moderate Independent who votes on local things in my own State sometimes for Republicans and sometimes Democrats and sometimes Independents but on national elections always Buffett.

    • "NOK has had a difficult year and so have most companies throughout the world considering we have been in a global recession for a decade now, "


      Nokia´s problems are not relating to recession, or how you explain that there is some competitors which are thriving?

      I cant see even one viable product their pipeline, which would change their situation. Nokia was great company, like was Eastman Kodak too...

 
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