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Technology Stocks : Nokia (NOK)

NOK 6.230

+0.8%

Dec 10 3:59 PM EST

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To: 49thMIMOMander who wrote (16840)	11/27/2001 12:51:55 PM
From: Eric L	of 34857

re: 380 million handsets Q4 Always a problem reading a press release. Interesting twist in the actual presentation. Evidently Nokia has reevaluated total phones sold in 1st 3 quarters since their 390 estimate was made (5 weeks ago ?). They are now projecting 105 to 110 million phones Q4 (v. 110) and sticking with Nokia 25% sequential growth for Q4. All subject of course to mid-term guidance on December 11. Interesting stuff on the multi-radio trx. - Eric -

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