NOT AS AN INVESTMENT HERE:
History is littered with consumer electronics companies that have seen their stocks soar, only to come crashing down when technology changes or the company experiences an operation misstep. It not a question of if this will happen, but when. Some examples of the numerous companies include:
- RCA or Radio Corporation of America, which fell 98% in the 1930s from its 1929 peak.
- Polaroid and Eastman Kodak (EKDKQ.PK), tech icons from the 1970s, which went bankrupt in the past few years.
- Sony (SNE), the 1980s and 1990s consumer electronics giant, whose stock is down 93 percent from its 2000 peak.
- Nokia (NOK), the dominate maker of cell phones in the 1990s whose stock is down 94 percent from its 2000 peak.