Sunday, December 13, 2009

Nokia: back in or still out?

Pretty downbeat article on Nokia from the NYTimes. One analyst even questions whether Nokia can maintain its dividend! Ouch. I think a big problem with Nokia is its aging Symbian platform.

As far as I know (correct me if I'm wrong), RIM also has an out-of-date platform, with every e-mail message going through RIM's servers (see wikipedia entry). While RIM's technology does allow caching of messages on the client, RIM (or the customer) has to pay for the costs of the service. I don't see why someone couldn't write an iPhone app that does the same for internet-based mail, including outlook internet mail.

Monday, December 7, 2009

Bought KRE put - exp june 2010, strike 20$, $2.05

KRE is the symbol for the SPDR KBW regional banking ETF. These are banks that are not too big to fail and are indeed failing, and will continue to fail due to their over exposure to commercial real estate. More on that later.