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Strategies & Market Trends : Guidance and Visibility

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Jan 5 3:59 PM EST

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To: 2MAR$ who wrote (28994)	11/7/2001 7:55:25 AM
From: 2MAR$	of 208838

07:50 ET Nokia (NOK) 23.06: CSFB comments that UK company Carphone Warehouse is indicating substantial weakness in some European markets in the run-up to Christmas, with UK likely to see handset volumes at only 40% of last year's level. CSFB believes that NOK's goal of roughly a 35% year/year decline in Europe will be difficult to achieve as a result and that company will have to lower revenue guidance with its Dec 11 update.

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