Buyout soon
Edgar A
Posts (320)
Nok will get bought out this year
Qualcomm, Inc. QCOM (QCOM) is one potential perfect partner for Nokia. They’ve been working together for 14 years and established a 5G partnership in February 2018.
QCOM currently has a cash reserve of $4 billion and may provide the solution to NOK’s problems by teaming up and becoming the biggest US 5G player.
Now, as Nokia faces a foe and has brought Citi in to defend itself after being caught in the crosshairs of a mystery private equity firm’s hostile takeover, it is imperative that an activist steps up to the plate.
Cisco CEO Chuck Robbins said the US government should stay out of the 5G investment business, but with their double-digit declines in service provider sales, Cisco may also be a potential acquirer of Nokia completely or look for a controlling stake.
With no significant domestic 5G vendor, the US is losing out to international players like ERICB SS (Sweden), Nokia Oyj (NOKIA FH, Finland) and Huawei Technologies Co. Ltd. (Huawei).
Earnings are tonight at 1 am Eastern Standard Time
It probably will drop down to 4 but not more than that. Great opportunity to average down.
This earning report will not be about earnings, it will be about guidance. If Pekka can announce buyback and/or cash dividend this will be a positive development for everyone. In either case NOK will do very well in the next 12-24 months. All about being patient and adding more shares when the stock drops. Massive opportunity to average down if this gaps down this week
Sell sell sell
Sell sell sell
Sell sell sell sell
