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Technology Stocks : Nokia (NOK)
NOK 6.600+3.7%3:59 PM EST

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To: LarsA who wrote (17048)12/3/2001 10:01:10 AM
From: Eric L  Read Replies (1) of 34857
 
Lars,

<< "Nokia said phones were not included in its contract, while Siemens and Ericsson said phones were included in their deals." >>

That is an interesting comment, particularly since there is little doubt that Cingular represents significant opportunity for Nokia on the handset side.

It puts a somewhat different spin on the value of the awards.

<< "Nokia Networks spokeswoman Arja Suominen said no vendor financing was involved in Nokia's deal with Cingular." >>

And that is a relief to me, since I conjectured that the technology decision itself, and the specific awards, could in fact turn on vendor financing.

- Eric -
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