Technology Stocks | Nokia Corp. (NOK)


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To: sylvester80 who wrote (7332)5/17/2012 3:01:14 PM
From: pcstel1 Recommendation   of 8731
 

Nokia Bankruptcy Is Baked Into The Price Already

"On the other hand, the company is not free of liabilities either. The company owes $4.9 billion"

Uhhh!! That's 4.9B € in debt, or 6.5 Billion US$

Didn't see anything about those HUGE pension liabilities either?

PCSTEL

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To: pcstel who wrote (7333)5/17/2012 3:42:01 PM
From: sylvester801 Recommendation   of 8731
 
Write to the article writer. I'm sure he'll do the research and correct it if necessary.

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From: zax5/17/2012 5:51:56 PM
2 Recommendations   of 8731
 
AT&T mobile chief: Windows 8 can boost Windows Phone
By Larry Dignan | May 17, 2012, 11:05am PDT

Summary: Ralph de la Vega, CEO of AT&T Mobility, sees a possible Windows 8-Windows Phone juggernaut.
zdnet.com 

The launch of Nokia’s Lumia 900 on AT&T’s network has exceeded expectations and momentum for Windows Phone is likely to build when Windows 8 launches, according to Ralph de la Vega, CEO of AT&T Mobility.



Speaking at the JP Morgan technology conference, de la Vega was asked about the Lumia. He said:

I am really pleased with what I am seeing out of Microsoft and Nokia coming out with their first product. The operating system works really well. It is simple, it is easy to use, it is intuitive.

The reception to the Lumia launch has actually exceeded our expectations. So we think there is a very good chance that Microsoft will have a very good OS that will be right in there with iOS and Android.

When they come out with Windows 8 in the fourth quarter, I think it will actually add to the value that that OS brings to the marketplace, in that that will be the first time that you can truly have a similar experience on your PC, on your tablet, and on your smartphone from soft Microsoft. From what I have seen and the previews that I have been given, I think it is going to be exceptionally good. I am very upbeat in what they are bringing to the market.




De la Vega’s comments come as analysts are starting to pooh-pooh the Windows 8 launch. Microsoft’s Windows 8 launch will be a key inflection point for the company. If Windows 8 stumbles, Microsoft will struggle with its tablet plans and the Metro interface may hamper Windows Phone too. On the other side of the equation, Windows 8 and its new interface could be a hit and provide Microsoft with its own halo effect.

Place your bets because no one knows how Windows 8—and its effect on Windows Phone—will fare until the fourth quarter.

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To: sylvester80 who wrote (7334)5/17/2012 6:25:30 PM
From: pcstel1 Recommendation   of 8731
 
I'm sure he'll do the research and correct it if necessary.



A rather blatant mistake such as that, and you begin to wonder about the rest of his numbers?

Perhaps he should research it before writing the article?

A Billion € here and a Billion € there, and pretty soon.. You are talking about real money.

Last company I saw with Billions of $ to throw around is AAPL.

Last time I checked the Pension Liability was about 5B €.

To make things worse. Finnish Pension Funds are the largest holders in Finland of Nokia equity.

So as Nokia goes down the gurgler, so goes the losses in the Pension Funds that Nokia uses to manage their employee pensions. The larger the short fall from the funds, the higher Nokias direct financial contributions will be required.

And so it goes,
PCSTEL

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From: zax5/17/2012 8:17:12 PM
   of 8731
 
President’s sister endorses the Nokia Lumia 610 in Philippines
May 18, 2012 | By Surur

wmpoweruser.com 



The Nokia Lumia range recently launched in the Philippines, and above is a TV ad for the handset from none other than Kris Aquino, the sister of the President Benigno S. Aquino III.

It that does not get those units moving there, nothing will

Read more at Techie.com.ph.

Thanks Bernard for the tip.

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To: pcstel who wrote (7336)5/17/2012 11:35:25 PM
From: sylvester80   of 8731
 
The article has merit and is right on the premise of it.

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To: sylvester80 who wrote (7338)5/18/2012 11:20:40 AM
From: pcstel1 Recommendation   of 8731
 
Except for the fact that they grossly under-reported liabilities. When you are attempting to make the case that Assets exceed liabilities, then you claim the liabilities are far less than the actual liabilities. Then you have only provided mis-information, not merit.

The only issue is that companies with the amount of cash Nokia has seldom file for BK with a distribution to common stakeholders. That usually comes months later when the cash has been depleted via Cash Burn from operations, and then there is nothing left for the common. The market is discounting the cash on hand, as it is seen as not being an actual asset, as it is seen as a "vanishing asset".

There are turnaround stories, but they are few and far between. AAPL was one when it was trading at $13, and had No Debt, $9 a share in cash and, $3 dollars in real estate holdings.

PCSTEL

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To: pcstel who wrote (7339)5/18/2012 11:34:56 AM
From: sylvester801 Recommendation   of 8731
 
It is your word against his. Unless you write to him and let him know, at which point he will do the research and either correct the article and change his conclusion or end up with the same conclusion, it is still your word against his.

I truly hope that you would write to him.

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To: sylvester80 who wrote (7340)5/18/2012 2:45:55 PM
From: pcstel2 Recommendations   of 8731
 
it is still your word against his.


¿¿¿¿¿¿


Not my word... It's what is stated in the Nokia SEC filings. Form 20F

At December 31, 2011, we had EUR 3.969 million in long-term interest-bearing liabilities and EUR 1.352 million in short-term borrowings,


At 1.27 exchange that is $6.75B USD


As Foghorn Leghorn once said...


"Boy, you can argue with me.... But, you can't argue with Mathematics".


PCSTEL

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To: pcstel who wrote (7341)5/18/2012 9:25:29 PM
From: tinaqm2 Recommendations   of 8731
 
I thought finnish pension is like US social security - not tied to any particular individual company. wrong?

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