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Technology Stocks : Nokia (NOK)

NOK 6.275

-1.4%

3:59 PM EST

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To: tero kuittinen who wrote (7576)	10/14/2000 6:44:55 PM
From: Peter J Hudson	of 34857

Tero, Great to see you back! It seems you carefully selected statistics to support your anti-CDMA bias. Others have already pointed out that you cherry picked your numbers, so I won't pursue quarter to quarter growth rate anomalies. I have to point out that the total number of CDMA subs exceeding TDMA subs explains the growth story. I have some questions about some of your other statement. >> a number of CDMA operators have had very expensive promotional pushes.<< are you implying that these promotional pushes are unique to CDMA carriers? AT&T wireless has out spent all other wireless operators in the US to increase market share. >>As Sprint's big 1999 offensive has winded down, their subs addition growth has dropped below that of 4-6 major rivals during this year.<< Please name the 4-6 major rivals of Sprint PCS that had greater sub growth. >>The theory of GSM and TDMA subs "defecting" to CDMA operators is not panning out.<< Actually the defections to CDMA in the US have been significant, but the best is yet to come. The technical superiority of CDMA has not provided a great marketing advantage in 2G. The roll out of 2.5G and wide adoption of wireless data will provide a tremendous marketing advantage for the CDMA operators. The TDMA carriers have no way to respond. The GSM carriers will eventually have GPRS, but it won't compare favorably to 1X in price, performance or efficiency. I'm glad you agree that 3G will change everything. Do you think EDGE will be deployed? Are there any operators in Europe that plan to migrate to EDGE before or instead of WCDMA? Pete

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