Nokia (NOK) Message Board

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Technology Stocks : Nokia (NOK)

NOK 6.070

-0.2%

Nov 28 12:59 PM EST

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To: tero kuittinen who wrote (4488)	5/1/2000 8:27:00 AM
From: Wyätt Gwyön	of 34857

Tero, would be interested in your take on Ericsson's results. Indications of further bifurcation between NOK on high end and MOT/ERICY on cheap end? 08:11 ET LM Ericsson (ERICY) 88 7/16: CSFB raises their price target to $100 following strong Q1 results. However, handset sales performance was weak, barely above break-even in the quarter as price erosion limited progress. The benefits of new models are unlikely to be seen until the second half, leading CSFB to become more cautious on the progress in this business unit. Rating remains STRONG BUY.

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