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Technology Stocks : Nokia (NOK)

NOK 6.270

-1.4%

Dec 12 9:30 AM EST

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To: Caxton Rhodes who wrote (2149)	9/14/1999 12:51:00 PM
From: tero kuittinen	Read Replies (2) of 34857

Ouch... I'm getting a whiplash. I could swear that in June every Q-phile was ready to swear on their grandmother's grave that handsets are a crucial strategic asset to Qualcomm. I distinctly remember reading an interview where a Qualcomm executive was confidently forecasting that Q can stay ahead of Motorola and be the number two digital phone brand at year's end. Another interview was abuzz with talk about handset profit margin expansion towards the end of the year. Is there a collective amnesia here at SI or have I been reading Reuters news items from some sinister alternate universe? Someone could base a decent "Outer Limits" episode on this situation. Tero

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