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Technology Stocks : Nokia (NOK)
NOK 6.475-0.6%12:17 PM EST
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To: LarsA who wrote (17674)1/9/2002 5:55:10 PM
From: Eric L  Read Replies (2) of 34857
 
re: Greetings from the SSB "Wing Nut & Wing Bolt"

<< FWIW:Market shares in the U.S in November.: Nokia 40.7% >>

There is a lot of info flowing that indicates Nokia did VERY well in Q4 in the Americas on both volume and margin ...

Meantime from he & she at SSB

>> Market Report -- In Play (NOK, QCOM)

January 09, 2002
Briefing.com

QUALCOMM (QCOM) 48.41 +0.22 (+0.5%): Stock is struggling to participate in today's tech rally. Stock and sector pressured by recent flow of negative data points -- the latest being Verizon's subscriber miss.

Salomon Smith Barney also out with comments; calls QCOM the best positioned name to play the migration to data for the long-term; however, in the near-term (1-2 qtrs), firm remains concerned with consensus estimates due to

1) slowing net adds globally

2), mkt share shifts in 2G terminals to NOK


3) a potential 1X chip inventory situation

Over the next 1-2 months, believes stk could be trading in a range of the low $40s to high $50s. <<

- Eric -
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