Nokia (NOK) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Nokia (NOK)

NOK 6.150

-1.7%

Dec 4 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tero kuittinen who wrote (4439)	4/27/2000 11:52:00 AM
From: t2	Read Replies (1) of 34857

Great earnings report. The investors recognized it even while the markets were tanking. As the money shifts back into tech stocks away from the "interest senstive stocks" (aka "old economy stocks") like financials, we should see a sustainable rally in NOK. The companies that increase growth estimates coupled with strong earnings are being rewarded by the market and will continue to be. My favorites, Nokia, Corning (GLW), Nortel (NT) are doing well for this reason. Strong companies in strong sectors are the place to be from an investor's point of view. When the market turns up in a big way as we head into the fall, the price gains will be much better than any "value" play---ie competitors such as Motorola in NOK's case and companies like Lucent in the case of Nortel. I find people will try to find any wild excuse to cause worries to long term holders---such as we saw a certain poster on this thread. It is not unusual. The reason cited is like grasping at straws. It does not change the reality of Nokia's market position and the strength of the stock.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next