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Technology Stocks : Nokia (NOK)
NOK 6.070-1.5%Dec 5 9:30 AM EST
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To: Puck who wrote (7741)10/19/2000 7:49:31 AM
From: JohnG  Read Replies (1) of 34857
 
Puck. Sorry, your post makes no sense to me. If they hedged successfully, it means that a sizeable fraction of their profits was due to currency trading rather than phone sales and that the result going forward may be lower margins and year over year profit increases.
JohnG
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