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Technology Stocks : Nokia Corp. (NOK)
NOK 6.510+0.6%Jan 2 9:30 AM EST
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To: tero kuittinen who wrote (50)11/15/2000 4:30:40 AM
From: Labrador  Read Replies (3) of 9255
 
On a somewhat related matter, GPS is a topic that NOK must address -- any idea on its plans?

I did note your Nov. 3 article in The Street, where you recommended Cellpoint [CLPT]. Your comment is "It is one of the few carrion stocks of this year worth nibbling at." Do you really think that CLPT can compete in this competitive marketplace?

I do note since your recommendation of November 3 [less than 2 weeks ago], the stock has plummeted 33% from $15 down to a miserly $10. Will NOK do a big deal with them? What's your gut?

I think that Sprint's announcement vis-a-vis Snaptrack took the winds out of the sail of Cellpoint. The total market cap of Cellpoint is now $100 million -- NOK could take them out in a moment if their technology was capable.
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