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Technology Stocks : Nokia (NOK)

NOK 6.160

+1.5%

Dec 8 3:59 PM EST

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To: foundation who wrote (9033)	1/30/2001 8:57:33 AM
From: Eric L	Read Replies (1) of 34857

Ben, Thanks for the link. Ouch. "While Nokia saw the global handset market growing less strongly to 500 million units from a previous 550 million, Nokia saw its share growing at Motorola and Ericsson's expense." Best to get this on the table now ,,, 550 was a stretch as was 1 billion subs by mid 2002. Not good for industry, but growth is slowing ... peaked last year in absolute terms ... and shortened replacement cycles are not going to pick up the slack that much. Tactical error to make the aggressive statements in the first place. I hope CDG learns from this. Good to see the GPRS & W-CDMA schedules out of Nokia for the first time. << I see no "claim to fame" to Bluetooth noted in any of your Parthus documents >> In their press releases announcing partnerships. They can't be to happy about the Motorola/Psion situation. Their real claim to fame, prior to the Frontier Design acquisition, was wireless audio chips but the are "contract IP developers". I don't find them a "Baby QUALCOMM", and I don't find them particularly credible on the claim they were quoted as making at earnings release time when it appears they were hyping a solution to an exagerated problem. - Eric -

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