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Technology Stocks : Nokia (NOK)

NOK 6.910

+0.9%

Nov 6 3:59 PM EST

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To: sisuman who wrote (9881)	3/16/2001 1:29:32 PM
From: Eric L	Read Replies (2) of 34857

sisuman, << With handset replacement rates going to the vicinity of 60% in 2002 >> Like your optimism. I think that a 60% replacement rate is overly optimistic however, next year or in any succeeding year. I'll be glad to be proven wrong. No question that as new 2.5G & 3G terminals are released that replacement rates will climb and that we are more into a replacement market than ever. I do think that sub growth is being forecast a little too conservatively by many, and I'm not sure Europe is as saturated as some think.. - Eric -

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