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Technology Stocks : Nokia (NOK)

NOK 6.270

-1.4%

Dec 12 9:30 AM EST

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To: 49thMIMOMander who wrote (13972)	7/19/2001 8:22:10 AM
From: ColtonGang	Read Replies (1) of 34857

Dan Steinbock, author of The Nokia Revolution: 1865: NOK is born in the forest industry as Nokia Mill 1917: Expand their operations into rubber works, cable and electrical power 1977: Karl Kairamo is appointed CEO and begins to transform NOK into an electronics giant 1979: The birth of NOK Mobile Phones 1984: Introduces the world's first portable Nordic Mobile Telephony car phone Even with the tough market for wireless phones, the author believes the company continues to execute The author grew up in Finland where the company is based His book is about the extraordinary company that transformed an industry The company has a humble beginning starting in forestry, then rubbers, cable, power and then into what most people know it for, mobile phones The company has really re-invented itself many times He believes the current CEO has the edge to continue to revolutionize the company and the industry The company benefits from problems their rivals have The company's organization is more flexed than a US one and they encourage creativity within The company reported 15c EPS, one penny better than expected

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