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Posts: 70 | Thanked: 142 times | Joined on Aug 2015 @ Australia
#1
http://www.techtimes.com/articles/17...gles-fiber.htm

Reddit discussion: https://www.reddit.com/r/Futurology/..._times_faster/


I don't know what or if this means anything.
Should I buy Nokia stock?

A reddit user said, "So Nokia is indestructible and has incredible internet? Nokia is skynet."
 

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#2
Buy Nokia stock, yes. They house a lot of patents, knowledge and they are making still profit. Only the phone division died, rest of Nokia not. You should have bought stock in 2012 though.
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#3
Originally Posted by mr_pingu View Post
Buy Nokia stock, yes. They house a lot of patents, knowledge and they are making still profit. Only the phone division died, rest of Nokia not. You should have bought stock in 2012 though.
Yes, and sold it two years ago! lol
 

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#4
Isn't this for the infrastructure side of things?, meaning it's nowhere near what the end user will see.
 

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#5
Originally Posted by mr_pingu View Post
You should have bought stock in 2012 though.
I did. Bought in at $7 per share, rode it down to under $6, back up around $8 (sold) and it's now back under $6.

I'd not buy $NOK not unless you want to lose money in the short-term.
 

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#6
Originally Posted by nh1402 View Post
Isn't this for the infrastructure side of things?, meaning it's nowhere near what the end user will see.
Yes, that's something on the Nokia Optical Networks side, things that are used on the core network and between NE's.
You will not see this at your home in the near future.
 
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#7
Originally Posted by gerbick View Post
I did. Bought in at $7 per share, rode it down to under $6, back up around $8 (sold) and it's now back under $6.

I'd not buy $NOK not unless you want to lose money in the short-term.
However if you ask Warren Buffet (and why shouldn't you) it is better to always buy and never sell.
Sure way to win, since losses are only ever realized when selling stock
 

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#8
Originally Posted by juiceme View Post
However if you ask Warren Buffet (and why shouldn't you) it is better to always buy and never sell.
Sure way to win, since losses are only ever realized when selling stock.
I don't doubt his strategies; however I just don't have a spare $1 Billion USD laying around to lose.
 

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