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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.03+1.0%Nov 24 3:59 PM EST

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To: Dennis Roth who wrote (101832)7/18/2001 8:06:20 PM
From: foundation  Read Replies (1) of 152472
 
Nokia will say everything is hunky-dory
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Jorma will face a far more skeptical audience than he's used to....

I think he'll claim that everything's on track.... that GPRS is on the verge... that UMTS progress is peaches...

And it'll all be bullshit....

But in this war for mindshare, Nokia can't afford to say less.

There's too much on the line... LA... keeping Europe in line... losing grip in China...

But guidance will be, incongruously, inconsistent with rhetoric. ( NOK can't exaggerate here - if they blow it again they risk crushing their credibility and institutional support. )

And I think analysts - twice burned - will lock on to the contradiction...

And as veteran Q shareholders know, the Street loves watching (and helping) the mighty stumble.
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