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Technology Stocks : Nokia (NOK)
NOK 6.180+0.3%Dec 9 3:59 PM EST

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To: Puck who wrote (7657)10/18/2000 5:05:36 PM
From: slacker711  Read Replies (2) of 34857
 
I generally agree with your thinking....however it is hard to believe that Nokia is going to give good guidance when TXN put this in their earnings report.

Revenue from wireless will decline sequentially as certain major handset customers absorb semiconductor inventory in the fourth quarter, more than offsetting the continuing revenue growth in chipset and base-station products.

biz.yahoo.com

If Nokia does give a good report (and guidance) then I am going to have to come to the conclusion that ERICY sold about 2 handsets last quarter <g>. As far as I know, those are the two big customers for TXN's wireless division....almost all of the other handset manufacturers have their own semiconductor operations (MOT, Samsung, Siemens, Alcatel).

Slacker
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