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Technology Stocks : Nokia (NOK)

NOK 6.585

+0.8%

Dec 24 12:59 PM EST

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To: carranza2 who wrote (13284)	7/3/2001 2:44:02 PM
From: Eric L	Read Replies (1) of 34857

carranza, << In my opinion >> Always interested in your opinion. << The wars are over. >> I thought they were supposed to be over in June 1999. << No more Nordic FUD >> How about San Diego FUD? Merrill Lynch raises near-term rating to ACCUMULATE from Neutral based on this morning's announcement that Nokia and QCOM had expanded their CDMA cross-license. Firm had argued that Nokia was in no rush to sign this agreement until it would be necessary to support wideband CDMA (W-CDMA) deployment. Merrill now believes that this agreement suggests that Nokia sees wideband CDMA as imminent. Imminent? Pass the smoked-salmon please ... I am flushed with success. - Eric -

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