Never commit to any stock. Keep yourself open to other opportunities, because NOK can change and it may not always be the change you like. NOK could be a $1000 stock in 10 years, but it also fall on its rearend, like it did already. I'm positive that it will do well in the next couple/few years, but am I married to that, No Way.
bought 8000 shares of WMB in 2003 just under $2 when the communications side went BK and threaten to take down big brother. Warren Buffet loaned them 2 billion at 20%
Sold 50% at $4, 25% at $8 and 25% at $10....thought I was a master trader
Its $30+ pays a $1.47 dividend....could've made my original investment on the dividend alone
Not saying NOK will do the same but I'm not in this for a double or triple off my $3.50/share either
It will take at least 12-24 months to see where this goes IMO
Way cool. Groom them well. Always impressed by family wealth that spans generations. It is a rare and difficult to achieve. Requires intelligence, planning, unity and selflessness. Oh, and lots of love. At least, that's my plan.