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Technology Stocks : Nokia (NOK)
NOK 5.935+1.1%Nov 21 9:30 AM EST
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To: tero kuittinen who wrote (4098)4/10/2000 9:47:00 PM
From: sisuman  Read Replies (2) of 34857
 
Hi Tero-

There must be tremendous pressures on MOT mgmt. right now with these latest results. In the fourth quarter 1999, handset sales were 40.7% of total company sales and profits were 33% of company op. profits. In this first quarter, handset sales dropped down to only 36.9% of company sales and profits hits the basement, were down to only 7.6% of total company profits - the lowest of all of MOT's segments. I can't understand why U.S. and CDMA power haven't manifested themselves and bailed them out!
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