Nokia (NOK) Message Board

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Technology Stocks : Nokia (NOK)

NOK 6.835

-1.1%

Nov 7 9:30 AM EST

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To: taylorfife who wrote (2954)	12/7/1999 12:42:00 PM
From: Caxton Rhodes	Read Replies (2) of 34857

I love Nokia, however there are a couple of concerns: The stock has gone to Pluto lately, I would pray for a pullback before buying, maybe to the 150s. Even the mighty Q pulls back. However if the buy the handset business, it may not. If they don't buy Q's handset business, I think it will hurt them and the stock will definitely pullback. I think the handset bus will go to nok because nok doesn't want to go to anyone else. It's almost like they have to buy it or risk falling further behind in the cdma market. Q wants to sell to Nok, and nok reluctantly realizes it?s the smartest thing to do. Nok would be much happier if there wasn't so much competition for it. Caxton

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