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Technology Stocks : Nokia (NOK)
NOK 6.775-3.6%Nov 13 3:59 PM EST

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To: tero kuittinen who wrote (2194)9/17/1999 9:50:00 AM
From: Marc Gilbert  Read Replies (1) of 34857
 
The fact that QCOM wants to exit the handheld business because of shrinking profit margins indicates to me that every company in this sector faces the same problem. I realize that Nokia has a few other endevours, but their bread and butter is still handsets, and even though they sell more than everyone else, their earnings growth rate should suffer accordingly.
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