Cue is offline Cue
07-26-2012 , 09:50 AM
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#2131
Originally Posted by volt View Post
It's the Sony Corporation as a whole that hasn't kicked that fella from his top position. And Sony has one consumer related scandal pretty much every year. Their new boss of bosses is the same person that was responsible when PSN leaked passwords over and over and over again. That's how they reward lack of respect for their customers data. Also, they're one of the biggest DRM pushers and are playing lobby hardball like few others.

Sony has several areas where they are best. They've always had products with as stylish (yet different) design as Apple. But with it's Evil Within, I am not buying anything Sony again.

I am but one person, and people will have different experiences and have read different stories and have different priorities, so other people may consider other companies more evil.
Who, Thomas Hesse? That guy moved back to BMG after Sony bought the other 50% of the Sony BMG venture.

Well I'm not about to get into this debate because it's hardly relevant here but It wasn't "leaked" nor was it over and over again. I don't see how being hacked can be considered "evil" though. There was no lack of respect either, they offered identity theft protection and compensation which is more than I can say for the hacks that subsequently happened at other big corporations.
*ahem*Nokia

But this topic is largely irrelevant here so I think it's best to leave it at that and move on back to Nokia stock.
Last edited by Cue; 07-26-2012 at 10:18 AM.
 
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volt is offline volt
07-26-2012 , 11:17 AM
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#2132
Yes. Seven years and as far as I can tell, several promotions after the rootkit scandal.

As for the password leaks, I read about three in a short span of time. That's the same short span of time where they closed down the entire network for a while.

The problem is not with individuals, but with company culture, and when it comes to hating your customers I don't think there's many large companies that goes beyond Sony's age old history on the field. I could name many more examples, but... yeah, let's discuss Nokia.
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Cue is offline Cue
07-26-2012 , 12:51 PM
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#2133
Originally Posted by volt View Post
Yes. Seven years and as far as I can tell, several promotions after the rootkit scandal.

As for the password leaks, I read about three in a short span of time. That's the same short span of time where they closed down the entire network for a while.

The problem is not with individuals, but with company culture, and when it comes to hating your customers I don't think there's many large companies that goes beyond Sony's age old history on the field. I could name many more examples, but... yeah, let's discuss Nokia.
well it's clear we disagree and nothing can change your mind of Sony but just to set something straight, he was not promoted at all yet alone several times since the XCP rootkit or even the merge.

In fact he was not a part of Sony for them to be able to promote him because he was actually a Bertelsmann employee (Bertelsmann Music Group specifically) through most of it and there is nothing Sony could do (even if they wished to) because it was a joint venture.

He was always "President of Global Digital Business, US Sales and Strategy". throughout the BMG merge (2004), the rootkit fiasco (2006) and the buyout of BMG (2008/9), right up until he left to go back to Bertelsmann (2011). Not a single promotion. Officially he was a Sony employee for roughly 3 years only, between early 2009 and late 2011. Much like anyone else in the movie/music industry e.g. Universal and Time-Warner, Bertelsmann don't catch any of the bad press though.


On the topic, Nokia stock is at 1.94. Good times. One person had a particularly interesting strategy but I think it's actually a bad one because since 2007 it has been largely sporadic.

http://seekingalpha.com/article/7475...-by-july-s-end
Last edited by Cue; 07-26-2012 at 01:05 PM.
 
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volt is offline volt
07-26-2012 , 01:05 PM
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#2134
Promotion: "Since the beginning of 2007, Hesse was also put in charge of the company's physical sales activities in the US, including CDs and DVDs."

To me, all heads of Sony is Sony. It's a corporation and is responsible for all it's branches. He wasn't a representative of BMG when he talked to the media and belittled his customers, he was a representative of Sony BMG. Sony BMG is/was Sony equally much as Sony Ericsson was. It's an ownership technicality, but it holds the Sony brand right there and for that it has to follow the Sony brand guidelines. It's the evil mothership that holds the money and power.

We can agree on disagreeing.

Any specific reason for Nokia to climb today?
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Last edited by volt; 07-26-2012 at 01:09 PM.
 
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volt is offline volt
07-26-2012 , 01:12 PM
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#2135
I see the pattern he's talking about but ever since they last year dropped their largest customer segment - buyers who buy Symbian - that pattern has been negative every year. Such a pattern has to take in account that sales has collapsed completely. It never did that before.
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Lumiaman is offline Lumiaman
07-26-2012 , 01:21 PM
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#2136
I think NOKIA is in a much bettern position than RIM. RIM truly has nothing. NADA. Zilch. Nicht
 
Cue is offline Cue
07-26-2012 , 01:22 PM
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#2137
Originally Posted by volt View Post
Promotion: "Since the beginning of 2007, Hesse was also put in charge of the company's physical sales activities in the US, including CDs and DVDs."
I was thinking "a promotion" as more an increase in rank in the company hierarchy not more work for him to do certainly not several even if that is a promotion.
http://www.linkedin.com/pub/thomas-hesse/7/43b/277

Originally Posted by volt View Post
Any specific reason for Nokia to climb today?
Most likely just due to activity since the acquisition of Scalado. Hopefully not some kind of wash trading.
Last edited by Cue; 07-26-2012 at 01:25 PM.
 
switch-hitter is offline switch-hitter
07-26-2012 , 02:33 PM
Posts: 61 | Thanked: 186 times | Joined on Jul 2011
#2138
Originally Posted by Lumiaman View Post
I think NOKIA is in a much bettern position than RIM. RIM truly has nothing. NADA. Zilch. Nicht
Having nothing is better than having the clap.
 
kojacker is offline kojacker
07-26-2012 , 02:54 PM
Posts: 1,071 | Thanked: 2,887 times | Joined on Jan 2010
#2139
Stock just hit $2, seems a long time since we seen that I noticed this from NASDAQ in the past half hour - Bulls take long-term shot at Nokia

optionMONSTER's Heat Seeker tracking program detected the purchase of about 50,000 January 2014 5 calls for $0.33 to $0.36 against open interest of 38,664 contracts. It accounted for more than half the volume in the mobile stock so far today.

The investor is now positioned to make money if NOK climbs over the next 18 months. He or she may prefer using options over regular shares because they can generate significant leverage and reduce the amount of capital needed to profit from a rebound.

For instance, those calls have a delta of 0.28. If NOK climbs $1, or about 50 percent, those calls will almost double in value. If the stock doubles to $4, they could more than quadruple in value. (See our Education section)

NOK is up 6.25 percent to $1.96 in afternoon trading. The once-mighty cell-phone maker is down more than 90 percent since late 2007 as it struggles to find relevance in a world dominated by iPhones and Android devices. Earnings have been consistently poor, but some value investors may like its ample cash reserves and the fact it trades for less than book value.

Overall option volume in the stock is almost triple the daily average so far in the session, with calls outnumbering puts by 5 to 1.
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volt is offline volt
07-26-2012 , 04:35 PM
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#2140
Maybe now's the time to invest :B
Watch that dead horse bounce!

Wait, why is it just today being written news about Nokia scrapping Meltemi? I thought that was common knowledge last month. You know, when the people working on it got fired...
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Last edited by volt; 07-26-2012 at 04:38 PM.
 
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