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Technology Stocks : Nokia (NOK)

NOK 6.835

-1.1%

Nov 7 9:30 AM EST

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To: S100 who wrote (18805)	3/12/2002 2:23:36 PM
From: slacker711	Read Replies (4) of 34857

Well, the European markets and the North American markets are following a little bit different pattern from here for many reasons. Partly historical reasons, partly spectrum reasons, the availability of spectrum reasons and I would not like too much to discuss what EDGE is relevant in Europe. That is possible but the European market has really gone a different route. IE, has taken up and will deploy UMTS, IE Wide band CDMA I really was surprised to hear this. I'm not sure if the guy on the call just misspoke (it wasnt Jorma) or if he really wanted to signal the fact that EDGE wasnt likely to be seen in Europe. Our performance has definitely been impacted by the fact that we will be introducing our 1x phone only later and obviously and then the introduction of that phone will give us the possibility to continue to pull our strategy to continue to gain market share in CDMA in the US. This wasnt surprising....but it is always nice to get confirmation. If Nokia misses their second quarter 1x launch date, Qualcomm is going to start approaching 90% marketshare again. Slacker

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