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Re Why I d Never Pay More Than Book Value for Nokia NOK

April 13, 2012

Geoff Gannon's article on Nokia has given me pause for thought. I have revised my preset buy price downward, closer to book value.

Even though I am personally highly positive on the future of Nokia's joint venture with Microsoft to create the 3rd mobile platform that the world needs, I am thinking it would be wise to consider his words with care.

After all, the upshot of his article is only that he would not buy above book value. He did not say he would not buy (and he has not given a sell price).

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