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Technology Stocks : Nokia (NOK)
NOK 6.070-1.3%3:59 PM EST

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To: Jim Lurgio who wrote (7019)8/29/2000 2:01:41 PM
From: Maverick  Read Replies (1) of 34857
 
NOK capitalizes on Net growth
the period of introduction of the mobile phones more than 20 years ago. At the time it was amazing to be able to speak in a phone no matter where the speaker was located. This revolution in technology created the huge mobile market that we have today.

Now Nokia is heading into a very similar opportunity of growth when Internet is coming into mobile phones. To be able to use the net everywhere at any time is the next giant step.

What is interesting is that the market hasn't really understood the situation we are located in. Many analysts are talking about lower margins in mobile phones in the near future and this has dropped Nokia's value remarkably recently. The claim is true: the margins of GSM-mobile phones are going to be lower, BUT the mobile phones we have today aren't going to be Nokia's main products in the future. Today's mobiles are history in a couple of years. Internet will be used more wireless than through PCs within 4 years! Mobile phones will transfer live picture in the future as easily as they transfer voice today! With these new features it is hard to see great profit margin erosion.

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