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Technology Stocks : Nokia (NOK)
NOK 6.665-1.0%Nov 17 3:59 PM EST

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To: gdichaz who wrote (4685)5/11/2000 4:03:00 AM
From: Maurice Winn  Read Replies (1) of 34857
 
Jeez Chaz, I think it's fair enough that people be able to read English. [Edit: sorry, I now see this has been well canvassed]. Tero was obviously making a retributive prod at Samin for Samin's inelegant disputatious entry to the stream. I still remember Tero's teroist entry to the mid 1996 CDMA stream which he did ungracefully [in his own words]. Samin obviously has good ideas. Be nice Samin.

If people read what people say and go ahead and act with their brain disconnected, my tongue-in-cheek, irony, sarcasm, satire and jest is REALLY going to get people in trouble. These SI discussions should be brain fodder, not slogans to follow.

Save thinking time; remember this slogan:

DON'T LET A SLOGAN DO YOUR THINKING FOR YOU

I happen to agree with Tero, that it isn't necessarily wise for Nokia to enter the 2G handset market where markets are thin and competition very, very intense. They might be better biding their time, developing their own ASICs, differentiating their product, maybe even [fat chance] getting ahead of Q! ASICs. Meanwhile, they aren't losing much in the way of margin.

On the other hand, if they are not in the market and CDMA continues it's rate of growth [60m subscribers and rapidly climbing], then it might simply be that the days of big profits for companies in the cellphone handset business are over. Nokia better enjoy GSM handset sales and be like Kuwait; invest in something else for when the well runs dry.

But it would be a shame to let such a great brand and marketing and design company give up without a fight. A good salesman doesn't worry about competition and a crowded low margin market. They just enter anyway and the bottom 10 can fall off the food chain.

Maurice
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