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 6.310

-7.5%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tero kuittinen who wrote (5827)	6/27/2000 8:37:00 AM
From: JohnG	Read Replies (1) of 34857

Jorma meditated on CDMA-- the boat is leaving without him. JohnG < "You start to believe that what you created three years ago is so good, because it was good two years ago and 18 months ago, and you continue to make money," Jorma Ollila told an Israeli news conference. "And then there's someone in Israel and Silicon Valley just loving to kill you with a totally new technology," Ollila said. "And I think the problem in a big organization is that it starts to feed information internally that sort of supports its own internal truths and doesn't believe all the signals that you are getting. "I don't think we were quick enough to invest big enough in CDMA (Code Division Multiple Access)," Ollila continued. "We should have done that earlier, more. Now we have a catch-up game, which we will win. We have decided we will win and we will. But it's a little bad to miss 18 months. And part of it is that we were successful in other technologies. So I think that is a big problem. "With a big organization, you start creating your own truths," he concluded. "I'm not overly worried. But I am worried because human nature is like that.">

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next