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Technology Stocks : Nokia (NOK)

NOK 6.730

-0.7%

Nov 14 9:30 AM EST

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To: Nils Mork-Ulnes who wrote ()	12/7/1999 3:47:00 PM
From: Shivram Hala	Read Replies (1) of 34857

Food for thought and Where to from here. -------EPS/PE NOK:-- 2.21/79.84 ERICY:- .68/87.22 MOT:-- 1.01/129.34 QCOM:- 1.24/318.35 By Market Share of worldwide cellular phone NOk: 23% MOT: 20% ERICY: 15% Note: QCOM is gettiong out of the handset business and moving towards licensing their technology and chipsets. Q: Who benefits? From CBS MarketWatch cbs.marketwatch.com "The recent share price surge followed a meeting with Wall Street analysts Friday in which Nokia painted a bullish picture of its medium-term future. The Finnish group said it now expects worldwide use of mobile phones to reach 1 billion by the end of 2002, rather than at the end of 2003, as it had previously forecast. As a result, Nokia said it expects its revenue to grow by between 30 percent and 40 percent in 2000, above its former forecast of 25 percent to 35 percent."

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