Nokia has made so many bad moves it a desperate effort to somehow get back in the smartphone game, including a deep partnership with MSFT. It wouldn't surprise me at all to see them buy Palm here. The Pre has been poorly marketed and suffers from only being available on Sprint, but it is a product that they can use globally to compete with the iphone. Trade this by going long Palm, then going long Nokia after the merger, then going long Apple when it falls to $140.
Submitted: Sep 22, 2009
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View Article: http://sanjose.bizjournals.com/sanjose/stories/2009/09/21/daily31.html
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Comments Received:
Titti
(Unregistered)
I think that Nokia's suit against Apple a desperation move or a white flag.
Posted: Oct 22, 2009
Dreadful advice
(Unregistered)
Your advice is all wrong. This space is going to belong to Apple and Android. You go long Apple and Google, and short Palm, Nokia and RIMM.
Posted: Oct 27, 2009