SI
SI
discoversearch

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 : Qualcomm Moderated Thread - please read rules before posting
QCOM 172.98+1.1%Jan 2 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: gdichaz who wrote (6859)2/2/2001 2:01:06 PM
From: Eric L  Read Replies (1) of 197074
 
Cha2,

<< As usual there seems to be confusion on the "street". >>

Their is always confusion on the "street"! <g>

Why am I grinning? Yikes.

<< This time between Texas (Nokia's plant there) and Texas Instruments. >>

Confusing part ... and, I suppose, interesting part ... relates to any problems that exist with a TI produced Nokia CDMA chipset ... but I'll wait till that sorts itself out.

<< Do you know whether Telson can produce CDMA phones in Korea for Nokia for sale in China without Nokia obtaining a further amendment to its license with Qualcomm? >>

I do not.

<< This news would imply Nokia plans to use Telson (with Q chips inside) for Korea and perhaps China. >>

Well, they have stated they would use them for Korea ... not sure they have stated anything regards China.

<< Your take on the Texas to 3rd world shift? >>

I have a very strong "buy American" attitude, and I sure hate to see any American workers lose their jobs ... for any reason ... and that includes "cost cutting" by a company that I hold stock in.

Also, Nokia is my only holding that trades in American Depositary Receipt (ADRs). I have been, and remain, somewhat leery of that, which is one reason my NOK holding is relatively small. Although the majority of NOK shares are held by US shareholders, they are traded on 6 exchanges in addition to NYSE.

Comments on that issue here:

>> NEW YORK, Feb 2 (Reuters) - Foreign shares traded in U.S. markets slipped on Friday, led by technology companies, as investors feared the flagging U.S. economy would eat into corporate profits and drag on global markets. ... "In Europe, there is a very high degree of conviction that the U.S. economy is heading south at a fairly rapid pace." ... There is more confidence about the European economies, but there is concern that there is also a slowdown coming."

Nokia (NOK) dropped $1.25 to $33.12 after the world's largest mobile phone maker said it would achieve substantial savings by shifting some of its handset manufacturing from the United States to its lower-cost facilities in South Korea and Mexico and cutting 800 U.S. jobs
. <<

- Eric -
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext