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Technology Stocks : Nokia Corp. (NOK)

NOK 6.485

-0.1%

Jan 9 9:30 AM EST

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To: Puck who started this subject	4/8/2002 2:32:58 PM
From: Puck	of 9255

A note about Per Lindbergh's current speculation about the display problem. To the best of my knowledge, Nokia's faulty supplier is compensating Nokia for damages related to the recall. I have not heard that any of Nokia's insurers are involved, or any insurers the supplier might have. More generally, I also wonder how an insurer can just stop paying a claim as Lindbergh speculates, because the insurers actuaries made some bad statistical calculations causing the insurer to underprice its premiums.

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