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Technology Stocks : Nokia (NOK)

NOK 6.730

-0.7%

Nov 14 9:30 AM EST

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To: tero kuittinen who wrote (3016)	12/14/1999 12:59:00 PM
From: slacker711	Read Replies (2) of 34857

Working from the premise that the reports are true.... It's better for Nokia to take a hit today (actually I think it is just part of the broad market sell-off) than in a quarter or two when Dataquest says that they have slipped to second in the US market. Yes I know that there are plenty of other large markets, but the US was still Nokia's biggest by sales last year. I really only see positives in this for Nokia....what exactly will they give up? Maybe a billion dollars (this is the high-side)....and they will have to give up their own CDMA chip development (which they didnt seem very good at anyway). This will allow them to concentrate on what their strengths have always been....marketing, manufacturing and handset design. Slacker

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