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Technology Stocks : Nokia (NOK)

NOK 6.730

-0.7%

Nov 14 9:30 AM EST

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To: sisuman who wrote (4473)	4/28/2000 8:57:00 PM
From: sisuman	Read Replies (1) of 34857

Here are comparison numbers for phone performance. ($MILLIONS) PHONES REVENUES Q1/00 Q1/99 Q4/99 NOK 4674 2489 4102 MOT 3236 2602 3458 ERICY 1651 1082 1858 PROFITS NOK 1122 595 1023 MOT 49 83 243 ERICY 51 (3) 104 OP. MARGINS NOK 24.0% 23.9% 24.9% MOT 1.5% 3.2% 7.0% ERICY 3.0% 0% 5.6% SAYS A LOT ABOUT WHO REALLY UNDERSTANDS THE PHONE BUSINESS TO DATE! The big issue is "what happens during the next 1-1/2 years as the sea change to EDGE/GPRS/WCDMA takes place. As Nokia says, the next 1-1/2 years are critical as to who becomes the leader in both the network business and the phone business. The numbers from this message and my previous one indicate that Nokia has the current leadership in ability to manage resources and understand both the technology and marketing aspects simultaneously.

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