Nokia (NSN) is a fundamentally different company now than with D&S. Pricing will be based on that transformation going forward. Re-filling the gap and T/A prior to the MSFT announcement really isn't relevant at this point.
$8B for SKYPE. And Nokia D&S has greater strategic value to MSFT than SKYPE. Mobile is a core growth driver. That said, Nokia worked on this deal for months with MSFT. They finally agreed to a $5B price + $2B for patent licensing. Why? Because Nokia knew they took the product line as far as their cash would let them. They knew they could run out of cash before this division could sustain profitability. That's now reflected in a 90%+ stock price increase. The market agrees.
Not a lot of great buys out there. The market is a bit frothy. Look for stable income and some techs with a 6-12 month investment scenario.
Tech: CY, NVDA, OVTI (NVDA earnings today after market close)
MLP: BBEP (Income)
MREIT: NCT, NRZ, NYMT, CYS (Income)
BDC: PSEC, FSC (Income)
Rmbo, you're wasting your time here. These Longs really are delusional. I haven't seen a single investment thesis based on NSN fundamentals to justify these lofty valuation predictions. They're just throwing out numbers based on giddyness and their new found wealth. The market is its own reality check. And it can be harsh. Everyone should wait for
post D&S and at least a quarter or two to truly get a handle on the valuation potential for the new NSN. The board has evolved into a self-congratulating, fist bumping, back slapping
College fraternity. When's the kegger?
It is a relatively low margin business. Ericsson the industry leader had an operating margin of only 10% in their last quarter and that was up from their previous Q. So if NSN is guiding to 12% in Q4 then it's comparable to the industry leader.
With all due respect Urban, Nonsense. Apple wouldn't pay more than $7.2B simply to #$%$ D&S away from MSFT. Apple and Samsung are winning big time regardless of whatever market share Window phones eventually eke out. What both would absolutely drool over is Nokia's vast wireless patent trove. Apple especially would love a great mapping division like HERE. But a $7.2B tactical move to keep[ D&S away from MSFT? Not a chance. Apple would/should have bought the entire Company sans NSN when the stock was under $2.00. Nokia at one time had a low market cap of almost $6B. Apple probably could have gotten it for $15B and didn't even nibble. The patents and mapping would have been worth that much. I think this was a mistake for Apple. $135B+ in the bank and $15B could have destroyed MSFT and Samsung back then. A 2 for 1.
There will be no additional bids coming in for D&S. Nokia is only licensing their patents on a 10 year deal with MSFT. They still retain the IP portfolio as well as mapping. Who would bid for only Window phones and their still small market share without the very supporting assets Apple, Samsung and others would covet? Nokia is fortunate that MSFT is paying $7.2B for D&S and a patent "lease". Nokia's cash position was draining faster than D&S was growing.
Mewag, obviously you are elated with the outcome and you've taken to gloating about it. I share your opinions about the Tea Party. I think they are the most detrimental political force in this Country since McCarthyism of the 1950's. But it's time to move on and talk about Nokia as an investment going forward. The short term impact on investment is over at least until Jan. 2014. Stop the provocation!
The reason is Rmbo is a phone geek. When the MSFT buyout was announced it put a damper on his enthusiasm for Nokia going forward. Network infrastructure is too boring for him. That's why he is over on the BBRY board. But I'll let him speak for himself. I've been posting on this board on and off since Feb. 2011 and Rmbo was already here back then. He'll be back.
I disagreed with you on the reverse at the time. But I am 100% in agreement on the Tea Party "whackos" that have infiltrated the Republican Party. They have been sent to D.C. to destroy Government from within. Elected by people in their Districts even more insane than they are. The result of GOP Gerry-mandering.
It's due to the Barclay's upgrade to equal weight from underweight.
I mean seriously, Cicellve is just destroying the Tea Baggers with facts and figures and the responses are typically juvenile and devoid of any factual replies. Cicellve just "beetch slapped" the schoolyard bully (Tea Party). LMFAO.
To extort is to obtain something of value by threat and/or through a abuse of power. Look it up genius. What are the Republicans attempting to gain from their abuse of power (shutting down the Government) and their threat of going over the fiscal cliff? A delay or defunding of ObamaCare. A repeal of the medical device tax. A whole host of entitlement cuts etc. etc. That's political extortion since it is done outside the normal Legislative process. Outside NORMAL ORDER. They are holding the citizens of this Country hostage with worldwide economic implications.
Like it or not, Obamacare was voted on by Congress and approved the majority. That's how laws are made. Whether a single Republican voted for it or not doesn't matter. Elections have consequences and advantages to the majority. There are
many a law that has been voted on and approved by Republicans when in the majority. Have any Democrats shut down the Government when in disagreement? A Right leaning Supreme Court sanctioned the law but because you disagree with their decision you deem it un-lawful? You dis-credit a Supreme Court decision? Do you get your talking points from Fox News? Limbaugh or Beck? Now who is LMFAO??
You may be LMFAO but you and your right wing tea Party brethren are destined to become political outcasts and the Worldwide laughing stock of America.
I wasn't going to jump back into the political fray because it futile but this person (edit4ignorance) is truly ignorant and after this post will be ignored. This is NOT NEW DEBT! These are debt obligations already approved by the current Congress and previous iterations. Most economists agree that there really is no need for a debt ceiling since this is a financial obligation already approved. Paying our Bills should be a mere formality. You want to reduce our Nations debt? Fine it needs to be done. But do it through normal legislative process. That's our Democratic way not the BS extortion the GOP and Tea Party are trying pull.
Actually George W was the worst President. Manufacturing a pre-text to invade Iraq is criminal. Leaving a $1.3trillion deficit is incompetent. Calling this President juvenile names is ignorant and simple minded. Now go back and crawl into your single wide.
MrsAnteph opened up a real can of worms with his Anti-Obama and anti-Democrat rants while praising the Party actually responsible for the current Government shutdown. That #$%$ isn't going to gly for those who are truly informed and knowledgeable of the facts. This mis-guided nonsense brought everyones political views into a stock message board that should be reserved for Nokia as an investment. The guy (MrsAnteph) is the Ted Cruz of the Nokia message board. Blame him. As far as I'm concerned, I'm done with this nonsense. It's an exercise in futility. I can appreciate what Obama has to deal with when you have such ideological rigidity from the opposing party.