Nokia (NOK) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Nokia (NOK)

NOK 6.775

-3.6%

Nov 13 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Wyätt Gwyön who wrote (4479)	4/29/2000 11:19:00 AM
From: tero kuittinen	Read Replies (2) of 34857

The current obsessions about Nokia's chipset choice, CDMA build-up in China and Globalstar are all Qualcomm's own doing. Nobody forced the management to talk about getting Nokia's business. Nobody forced the CDMA camp to hype China so heavily. Nobody forced the managements of Qualcomm and Globalstar to project 1 million subs by the end of this year. These three topics seemed like a great way to boost the QCOM stock a couple of months ago. But the problem with the hype around these issues is that it is now turning into a noose around Qualcomm's throat. Investors who bought the stock when they believed that these three issues would play out favorably are getting more anxious every passing week. That's why this and other boards are getting flooded with messages that are tinged with shrill hysteria. Nokia has been often accused of being too low-key and not communicating well about its growth prospects. But isn't it so much better to beat the earnings whoppingly than being strangled by hype that did not pan out as expected? Instead of jabbering endlessly about GPRS, Nokia is just showing 36% network sales growth. The proof is in the pudding. You don't need to advertize your mobile network approach if the impact is evident in sales and profit numbers right now - not in the first half of 2002. Nokia's China strategy is getting zero exposure in the US press. But it doesn't need to - you can read all about it in the 88% mobile phone sales growth. That is a more eloquent defense of Nokia's China approach than 20 articles in Forbes. I feel really bad about the Soros fund managers and other people who are now paying the heaviest price for getting caught in the Qualcomm and Globalstar hype at the start of this year. Tero

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next