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Technology Stocks : Nokia Corp. (NOK)

NOK 6.910

-3.1%

Oct 31 9:30 AM EST

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From: Eric L	5/13/2005 8:46:49 AM
	of 9255

Cingular: 9300/9500 There has been some question about whether or not or when Cingular would carry the new Nokia Communicators. This would indicate that may happen near-term: Analyst Wojtek Uzdelewicz of Bear Stearns maintains his "outperform" rating on Nokia (NOK.NYS). The target price is set to $20.In a research note published yesterday, the analyst mentions that the company is expected to launch its Communicator 9300/9500 products, with the "push" email facility, in the US in the near term. According to the analyst, Nokia has signed an exclusive contract to supply Communicator 9300/9500 to Cingular. The launch of the four different email applications over the past one year reflects the company's pragmatic and flexible approach for its product offerings, Bear Stearns adds. The analyst expects Nokia's ASPs to improve, with an increase in the company's market share in the near future. - New York, May 13, 2005 (newratings.com) - - IC -

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