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Technology Stocks : Nokia (NOK)
NOK 5.935+1.0%3:59 PM EST

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To: gdichaz who wrote (2353)9/24/1999 2:56:00 PM
From: Terrapin  Read Replies (1) of 34857
 
Hi Chaz,

I hope you can help me with some questions I posted earlier. I am new to the stock and to the industry. I have no position in any of the companies so far mentioned (well, except OMPT). The technical nature of these posts leads me to some simple questions:

1) What is stopping NOK from manufacturing handsets for the CDMA market? (Are they already?)

2) What makes people think that NOK will not be able to sustain itself without a CDMA-capable phone?

3) Should I think of NOK as primarily a handset maker or a manufacturer of wireless system hardware?

4) What makes people think that the very best technology always wins out? (Was VHS better than Betamax? Were PCs better than Macs?) A corollary to this is that management makes a big difference. I have heard glowing reviews of Nokia's management.

I am not as informed as most on this thread but it seems the market is so young and expanding so rapidly that to declare winners or losers at this point is a fools game. Your tag-line mirrors this point. The internet/telecommunications is an enormous moneymaker and wireless technology is simply the most recently recognized distribution channel. I made very decent money when cable was recognized for what it was and the truth of the matter was that a dart thrown at a list of those companies would have yielded outsized gains. IMHO the same can be said here. Any help on this will be appreciated.

Good investing to all and comments welcome,
Terrapin
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