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Technology Stocks : Nokia (NOK)
NOK 6.730-0.7%Nov 14 9:30 AM EST

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To: A.L. Reagan who wrote (13530)7/11/2001 3:47:01 PM
From: Maurice Winn  Read Replies (1) of 34857
 
I should add, Motorola, L M Ericsson, Nortel, Lucent, Siemens, Alcatel, Nokia used to be behemoths and people used to say that QUALCOMM would be trampled by the sheer size of these companies.

Here are some market capitalisations:

Motorola $33bn
Ericsson $39bn
Siemens $46bn [I think that's the right one]
Lucent $20bn
Nokia $82bn
Nortel $25bn
Alcatel $19bn
QUALCOMM $42bn

Notice that QUALCOMM is now bigger than all of them except Nokia, which is now only twice the size. [And Siemens which makes trucks or something as well and will soon be smaller anyway].

So, you can see that they should not be treated as a sector. Some do better than others and guess which one is doing best. In case anyone is naughty and tries to say the wrong answer, it is QUALCOMM.

Mqurice
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