Nokia (NOK)

Despite the partnership with Microsoft (MSFT-Q), he just doesn’t think they have delivered on the sales. Have introduced some great phones. Expect they will lose market share.

Has been on his watch list for a long time. Reported good numbers. Big debt load. Can see it moving a long ways from here. If it had a good pull back he could see himself buying it.

In the handset business, which is a business he is very wary of. Used to dominate the market. Have now hitched their horse to Microsoft (MSFT-Q) so their phones have a Windows environment. Because of the fluidity of this market, it doesn’t mean they’re not going to be able to come back, but they are more of a gamble than an investment.

Early reviews are good in terms of the Windows 8 operating platform and in terms of the Lumia phone. His sense is that it is a little too early to claim victory in the battle. Looking at the smart phone space, it is incredibly competitive. The amount of innovation required, in shorter and shorter cycles, worries him.

Wouldn’t own this one. Doesn’t have any of the attributes of a company that he would look for. He is looking for growth.

(Market Call Minute.) Although the stock has been beaten up and looks cheap, they have a real uphill battle facing companies like Apple (AAPL-Q).

Still nosing around this one. This is the Research in Motion (RIM-T) of Finland. A bit further along in what could be a turnaround. Released employees earlier and have been closing plants. Have been losing bags of money because of all the write-downs. On his Watch List and interests him quite a lot. Have about $6 billion in debt but have a lot of cash. Revenues have been sliding down to about $50 billion. Could be an interesting double play for some people.

Big casualty of Apple and Google. 9.5% dividend that wont be there for much longer. Why would you want to be here. What is the value in the patents.

There is a lot of choice out there on the smart phone side. Indications are that Windows 8 for the phone is actually a good product. The problem is, you are fighting a battle against 2 big giants. Good product but they have to execute that and get it into the marketplace. Will be very hard for them to compete on a retail basis.

(Have substantial capital gains. Should I Sell now or wait and write off losses against prior gains?) You can always Sell and purchase back in 30 days, which would circumvent those rules. Earnings on this company look like they are falling rapidly.

Not a bottom feeder, so he stays away from these kinds of stocks. Will probably go bankrupt before it recovers as it does not have competing technology. Partnership with Microsoft (MSFT-Q) has not yielded results.