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Old 02-15-2011, 07:59 PM   #64
StylinRed
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Nokia has 9 Shareholders trying to get Elop fired and the Microsoft deal adjusted so that WP7 is merely an addition to Nokias lineup

and for Symbian to not be killed off and Meego to be invested in more

http://www.neowin.net/news/nokia-sha...edium=facebook

their facebook page http://www.facebook.com/pages/Nokia-...7858?sk=photos

Also Nokias employee union is demanding/trying to get 100,000€ compensation for all the employees Nokia is going to let go

EDIT lol they caved in

Quote:
After reviewing the feedback we’ve received from investors on our Plan B, we have decided not to carry on with it.

In the last 36 hours we were contacted by hundreds of individual shareholders (owning anywhere form 10 to 400,000 Nokia shares) pledging to support us by proxy voting or by personally attending the AGM.

Nevertheless, the responses that we received from institutional investors were not encouraging. These institutions have a fiduciary responsibility to their customers and are legally bared from supporting radical initiatives like seating a bunch of kids on the board of directors. If they do not agree with Nokia’s plans, they are better off simply divesting and putting their money in other companies that better fit their investing strategy (which is exactly what they have been doing).

We also realized that by the time our Plan B would kick in, most remaining software talent in Nokia would have already left the company, so it would be a really uphill battle to pick up things from there.

This is it from us. It’s up to you what to do with your money. We’ll stop short of endorsing NokiaPlanC.com or NokiaPlanX.com even though we think they are both very good ideas.
just 2 days after starting

Last edited by StylinRed; 02-15-2011 at 10:35 PM.
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