Nokia Corp. (NOK) Message Board

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Technology Stocks : Nokia Corp. (NOK)

NOK 6.160

+1.5%

Dec 8 3:59 PM EST

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To: Puck who wrote (2306)	6/20/2002 6:29:10 PM
From: Eric L	of 9255

re: ABGSC on Nokia after Strategy Update >> ABG Sundal Sees 'Major Buying Opportunity' in Nokia (NOK) Tomi Kilgore 2:06PM 20/06/2002 Pan-Nordic, full service investment bank, ABG Sundal Collier said to clients in a research note that there is a major buying opportunity in Nokia (NOK), as the company's strategy update early Thursday is believed to have marked a turning point for the stock. The firm said Nokia's management appeared confident, and its new forecasts were not aggressive. "As we have commented before, we think that the strong balance sheet and cash flow generation, together with the cautious share price makes a share buyback program seem likely - now management has also opened up to this possibility. We strongly advise clients to buy, and believe there is almost 100 percent upside in the share in the coming year." << - Eric -

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