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Technology Stocks : NOKIA NEWS

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To: Mephisto who started this subject	7/7/2000 8:41:12 AM
From: Iceberg	Read Replies (1) of 212

Korea picks Nokia Excerpt: from Bloomberg.com 7 July 8:33 a.m. ET "Seoul, July 7 (Bloomberg) -- Korea's biggest mobile-phone operators said they plan to use a system developed by Nokia Oyj, Ericsson AB and NTT DoCoMo Inc. for high-speed Internet access, turning their backs on a Qualcomm Inc. version. Qualcomm shares fell 5 15/16, or 9.6 percent, to 55 3/4 in Instinet trading. They've fallen 65 percent this year, mainly because of reduced demand for its products in Korea, Qualcomm's largest market and Asia's third-largest cellular market." Reference: bloomberg.com Ice

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