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Technology Stocks : Nokia (NOK)

NOK 6.775

-3.6%

Nov 13 3:59 PM EST

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To: JohnG who wrote (9124)	2/8/2001 6:54:08 PM
From: Maurice Winn	Read Replies (1) of 34857

<Eric. Perhaps I should say "foot dragging on 3G" rather than "bumbling"> No, bumbling is a reasonable word in that context. Even the boss of Nokia admits that they really goofed and are now going hell for leather on CDMA to catch up to where they should have been. Bumbling and stumbling is what Nokia has done on CDMA. They have also done a lot of foot-dragging and dragging the chain because every day that goes by with GSM ascendant is another day they enjoy huge GSM market share and profits. They would much prefer to be accused of bumbling and stumbling than a deliberate campaign to avoid CDMA to retain their GSM business. How many companies so readily admit to blundering? That day in the GSM sun is coming to an end. They can do okay if they can develop excellent CDMA products but they are way behind. There are many subscriber licensees for CDMA so Nokia won't enjoy 30% market share in CDMA any time soon. So CDMA is a pain for them. I guess they have read The Innovator's Dilemma [thanks for that Uncle Frank]. CDMA is what they call a disruptive technology [I think]. Mqurice

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