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Technology Stocks : Nokia (NOK)

NOK 6.160

+1.5%

Dec 8 3:59 PM EST

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To: tero kuittinen who wrote (2143)	9/14/1999 11:18:00 AM
From: DaveMG	Read Replies (1) of 34857

Hi Tero.. No need to protect me. I think I understand to some extent your strengths and weaknesses. You never liked Q mgmt so why should anything change? Of course as a result you never bought any stock either... The question of how they handled it from a shareholder POV is fairly obvious. We've done very well, though yesterday was certainly clumsy at best. The Street will like this high margin startegy I suppose, so the stock should at least hold it's own here even though revs and earnings will in all liklihood fall. You may not like the look of the ThinP but it suits me just fine. I'm not looking for a statement. The phone is very easy to use and feels really nice, although the buyer may well discontinue it but who knows? My guess is this won't be a fire sale, as I suggested there will be ASIC incentives to boot. We're gonna see some cash to add to the billion already sitting in the bank. Whether MOT and Nokia are really alienated is pretty difficult to really know. Ericsson was alienated too. I'd say the strategy just got a lot clearer. I never was able to understand the conflicts of interest inherent in the "we sell ASICs to the world and compete with you as well". Chips and royalties.. Chips and royalties.. G*.yes I'm wondering about that too. Guess we can go back to arguing about the growth rates for GSM, TDMA, and GSM... Dave

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