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Technology Stocks : Nokia (NOK)

NOK 6.275

-1.3%

Dec 12 3:59 PM EST

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To: The Verve who wrote (3892)	3/28/2000 10:24:00 AM
From: tero kuittinen	Read Replies (2) of 34857

Verve - let's not get into the FUD discussion. You're not going to win that argument. The CEO of Qualcomm is on record saying that European GSM networks suffer from dropped calls and inferior voice quality. However - industry surveys show that Sprint's CDMA network has a higher rate of unfinished calls than Mannesmann, Cellnet, Omnitel or other leading European GSM operators. Moreover, surveys show that most consumers are unable to tell the difference between the voice quality of EFR-enabled GSM and CDMA phone calls. That means that persons claiming otherwise are either incompetent or deliberately mendacious. That's the long and short of it. In contrast, I have never heard Nokia management make publicly disparaging comments about the voice quality or the dropped call rates of IS-95 networks. Never - not even in the Finnish press, where they could slam the quality of Sprint if they chose to. They have always taken the higher ground. The whole telecom industry knows about the systemic failures Sprint networks underwent last autumn in New York and Chicago. GSM camp chose not to turn that into a propaganda issue. That's class. Moreover - Nokia has never disparaged the W-CDMA IPR claims of other companies. It has simply stated that it believes it holds substantial intellectual property in W-CDMA. That's it; no meanspirited belittling of the IPR of competitors. Compare that to the attitude of Qualcomm if you dare. People associated with CDG have consistently described TDMA as obsolete - which fits my definition of vicious slander. I have never heard anything as low from the TDMA camp. In the meanwhile, there's something that's actually relevant to this thread going on in Stockholm. Certain investment bank started floating rumors about an Ericsson profit warning concerning the handset division yesterday. The company has denied the rumors. As Nasdaq tanks, the big question is how Wall Street interprets the situation; is the rumor taken seriously and if so, is that regarded as a plus or minus to Nokia? Tero

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