Nokia (NOK) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Nokia (NOK)

NOK 6.620

+0.5%

Dec 26 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Wyätt Gwyön who wrote (8544)	12/14/2000 11:03:35 AM
From: slacker711	Read Replies (1) of 34857

I am a bit surprised at how many apologists there are for the German auctions... I think the great disparity between the $18 and the $500 allows me wide latitude in claiming that $18 is too low without knowing if the $500 was the right price. Actually, I have generally believed that much of the current problems in the market were caused by the British and German auctions. I think those two events served to wake up the banking community to the amount of money they were expected to lend. Once they started doubting if they should be lending money to Vodafone.....Telegent was in BIG trouble <g>. Access to capital for the build-outs wont be a problem....they are going to get that money from Lucent and Nortel ;-). IF, data never becomes big over wireless, I could forsee problems arising from the amount of money being lent. However, when you spread the totals out over the life of the license and the number of POP's (as Eric did), the numbers dont look unreasonable. Also, since various countries in Europe either had beauty contests or, like the Swiss, had an auction that was under control....I think it would be helpful to look at the amount of money per POP spent on a continent wide basis. Slacker

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next