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The information on Groklaw is not intended to constitute legal advice. While Mark is a lawyer and he has asked other lawyers and law students to contribute articles, all of these articles are offered to help educate, not to provide specific legal advice. They are not your lawyers.

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Comments belong to whoever posts them. Please notify us of inappropriate comments.
Nokia confirms ‘poor judgment;’ shares jump
Authored by: Anonymous on Friday, September 14 2012 @ 01:39 PM EDT
OR - MS folks bought it, to show they still have faith?

[ Reply to This | Parent | # ]

Nokia confirms ‘poor judgment;’ shares jump
Authored by: Anonymous on Friday, September 14 2012 @ 02:43 PM EDT
It would make sense if investors were worried that Nokia
management was clueless and had been botching their PR.
Admission of a mistake would be a welcome sign that reality-
based decision-making is starting to take hold.

However, it's been obvious to everyone for quite a while
that Nokia's top management is beyond clueless, with
problems on a much larger scale than the phony-advertising
flap. Anybody still invested in Nokia is not going to be
betting on a return of sanity. They're going on some sort
of purely financial calculation. I think PolR is right -
investors are betting that good news for the industry
generally will mean good news for Nokia too - at least,
enough to bring the share price up a little.

[ Reply to This | Parent | # ]

Why?
Authored by: Anonymous on Friday, September 14 2012 @ 06:37 PM EDT
Because 'poor judgement' is a vast improvement over 'oblivious' or 'completely
clueless'.

[ Reply to This | Parent | # ]

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