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Technology Stocks : Nokia (NOK)

NOK 6.030

+1.6%

10:02 AM EST

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To: Nils Mork-Ulnes who wrote ()	1/27/2000 6:11:00 PM
From: Joar	of 34857

FINLAND: NOKIA'S PROFIT SEEN GROWING BY 51% IN 1999. -------------------------------------------------------------------------------- 27-Jan-2000 Nokia's profit is expected to grow by 51% to EUR 3.71bn in 1999, according to a poll of analysts conducted by Kauppalehti and Sweden's SIX Market Estimates (SME). The analysts expect final-quarter sales at Nokia Mobile Phones, the company's handset unit, to rise by 54% to EUR 4.16bn. They said mobile phone sales figures depended on how Nokia had overcome the shortage of components. One analyst said that if Nokia, as the biggest buyer in the market, had managed to buy larger volumes of components than its competitors, sales volume growth and relative profitability of the mobile phone unit would be surprisingly good. Nokia is to announce its 1999 results on 1 February. Source: Finnish daily business and financial newspaper KAUPPALEHTI today 2000-01-27 Joar

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