And here I thought Nokia had gotten new benchmarks from the US (e.g., Ciena, Lumentum, Coherent). But they were all in the same boat, just heading down. Now that the others are on the rise, Nokia has been left to stagnate. So, it’s not like the multiples are priced at anything impossible anymore. In terms of fundamentals, it’s going to be a long road to higher numbers. Well, I’ve been hodling this for over 10 years. Let’s see another 10; hopefully, there will at least be some dividends as a reward for the trouble.
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