SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Nokia (NOK)
NOK 6.855-4.1%12:50 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Eric L who wrote (21414)7/24/2002 7:40:04 AM
From: Ramsey Su  Read Replies (4) of 34857
 
Thanks Eric,

I knew I should have given the situation a little more thought before closing out most of my position on NOK.

The tough questions going forward:

are there performance guarantees involved?

how much of Nokia's projected revenue growth rates is dependent upon these vendor financed orders, plus the handsets?

under what conditions would repayment start on these financing?

While I have no doubt that Nokia will deliver "something" for the grand September promise, the likelihood of any commercial value from 3G products is nil in the immediate future. How these telecom giants can go down the same path, one after another, could be a good project for business school to digest.

Ramsey
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext