Nokia Corp. (NOK) Message Board

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Technology Stocks : Nokia Corp. (NOK)

NOK 6.485

-0.2%

3:59 PM EST

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To: Puck who started this subject	12/1/2000 11:43:07 AM
From: Puck	Read Replies (1) of 9255

Notes from Bear Stearns report, as reported by ON24 (http://biz.yahoo.com/oo/001201/45704.html) Speculation that Nokia may announce more 3G contract wins at their analyst day on Tuesday in London. It is known that Nokia is currently negotiating with Qualcomm for a licensing agreement but no immediate announcement is expected. Handset pricing has been stable this quarter compared with a downtrend in the overall market, implying an improving profit margin for 4Q vs. 3Q. AT&T contract estimated to be worth $1 bil. for Nokia over next two to three years. Positive for Ericsson but more meaningful for Nokia. Nortel viewed as a loser (a surprise to me) because it wasn't contracted for any wireless equipment.

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