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Technology Stocks : Nokia (NOK)
NOK 6.270-1.4%Dec 12 9:30 AM EST
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To: Puck who wrote (7508)10/11/2000 1:07:38 PM
From: slacker711   of 34857
 
This must no doubt be a direct result of Nokia's aggressive program to take market share and fully exploit its superior cost structure and economies of scale to its opponents detriment.

One thing that was slightly odd that came out of the MOT CC was that ASP's were basically flat from the second to the third quarter. They expect a more normal mid teens annual reduction in ASP's to resume in the fourth quarter. I'm not sure how this squares with the price cuts that Nokia had instituted during the quarter.

I may have misheard....The 7:00am CC was a little early for me.

Slacker
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