K. Chandolia, a member of the Telecom Commission K. Sridhar and Deputy Director General in the Department of Telecom A.K. Srivastava.

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Could this insane focus on strategic activities have played a role in the current head-on-wreck status of the tech, telecom and general business sectors?

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This is a significant figure to note, because for example, shares of Apple have been short sold only about 0.5%, Samsung over 2% and other telecom companies about 4% in general.

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One of the reasons why Nokia is one of the most defensive stocks right now during bear markets is that Nokia has been already shorted massively about 19% of its total shares (while Apple only about 0.5%, Samsung over 2%, and other telecom companies about 4% in general).

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Funny that the shift comes a little more than a week after New York Attorney General Eliot Spitzer filed a complaint against five former telecom execs demanding they disgorge profits from initial public offerings they received from Salomon.

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New team sponsors in 2011 included General Electric, Venezuelan state-owned oil and gas company PDVSA, Indian automaker Tata Motors and Mexican telecom giant Telmex.

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And it's unclear whether tech IPOs in general are booming again: While IPOScoop.com reports that nine of 31 IPOs this year have been tech or telecom-related companies, that's about the same pace as 2006, when 39 such companies hit the market.

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