The analist comes with imo realistis facts.
You cannot ignore that.
The Lumia salesstory is hyping now a few weeks and i also on it (better did not).
Back to normal would be very healthy.
It cost more time to break Aaple's en Samsungs hegemony.
I also got the feeling Nokia was really changing the phonemarket in a very serious way but
this is not possible in 3 weeks. We need more time.
I should not be too optimistic for this story. Some core-qualities of core-weaknessess from companies mostly comeback if the company came in danger or came in better times..
Strong Hold/Moderate Buy.
No different then the other small firm claiming noki $6. These are companies trying to make a name for themselves by making bold predictions. Although, they affirmed a hold not a sell. So maybe the thing is just fairly valued.
Without Nokia being first to China I would agree fairly valued. However, they signed Nokia for a reason because they understand what the Chinese buyer wants better then the US investor. I see a possible double. That double is what I believe personally, I am not saying it for anyone else to buy.
Sentiment: Strong Buy
Actually their report is pretty funny. They believe only 1M Lumia were shipped & only half sold.
On Dec 6, they have even a funnier report to clients about aapl. They say don't worry, apple has it problems & fund managers are dumping, but don't worry.
Sad that there are sheep that would give Pacific Crest any credibility at all.
Even sheep must have a brain, right? What gives?