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Technology Stocks : Nokia (NOK)
NOK 6.220-1.1%3:59 PM EST
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To: ehopper who wrote (5566)6/14/2000 3:45:00 PM
From: tero kuittinen  Read Replies (2) of 34857
 
The problem with the long term GSM disappearance is that it is just that - long. 3G will become a mass market product in places like India and China when either

A) The middle class can afford 500-1'000 dollar handsets
or
B) 3G handset prices drop below 300 dollars

Plus you need to have the local operators willing to invest something north of 10-30 billion dollars to build 3G infrastructure outside major cities.

If you want to go on an investment trip that leads into this scenario - pack a lunch.

Tero
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