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Technology Stocks : Nokia (NOK)
NOK 6.835-1.1%Nov 7 9:30 AM EST

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To: Eric L who wrote (3414)1/26/2000 9:31:00 AM
From: tero kuittinen  Read Replies (1) of 34857
 
Well - 23% of Omnitel and a piece of some Czech operator. I might add that BAM paid a truckload of money for the Omnitel stake... and a good thing they did. Ironically, the growth of this Italian GSM operator is now the one thing that's propping up BAM's wireless revenue growth. BAM made the investment just half a year ago... so they're ploughing money into a GSM operator *after* Omnitel stock had its run-up. I'd interpret this as a sign that BAM is starting to wake up.

Tero
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