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Technology Stocks : Nokia (NOK)

NOK 6.970

+2.0%

3:59 PM EST

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To: Lazlo Pierce who wrote (3314)	1/18/2000 10:17:00 AM
From: tero kuittinen	Read Replies (1) of 34857

Yes... I would describe Motorola's 2% sales growth "a little light" for a wireless telecom company. That would be my interpretation. Hope I'm not going out on a limb here. The network sales decline was even worse than I expected - this time, they managed to also show declining network profits. No mean feat in the middle of the current wireless explosion. The consumer product sales growth was 13%... no matter how much Motorola advertizes their "red hot digital phone sales", they still manage to wipe out the overall growth by skillful balancing the hit products with analog phones and paging stuff. Tero

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