re: Premise and Questions
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CEBIT-Nokia set for September 3G handset launch
Tuesday March 12, 6:58 AM EST
HANOVER, Germany, March 12 (Reuters) - Leading phone maker Nokia said on Tuesday it was on track to launch a third generation handset (3G) in September, helping to ease fears that the move to mobile Internet services could be further delayed.
Anssi Vanjoki, executive vice president for Nokia Mobile Phones, gave journalists at the CeBIT technology fair a fleeting glimpse of the product, which also features a camera, before tucking it back into his pocket.
"This is a real working, dual-mode 3G handset. That's the last you will see of it until 26 September at 12 o'clock when we will launch it with our partner (telecom) operators," Vanjoki said.
Nokia's comments are a boost to an industry which has invested over 100 billion euros in licences to offer high-speed 3G services, which will allow mobile phone users to download videoclips and access other multi-media services.
Nokia Mobile Phones President Matti Alahuhta said fears over the availability of 3G handsets had been overblown and that Nokia hoped to start shipping the product in big volumes in the fourth quarter of the year.
money.iwon.com
Message 17185357
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On March 12, nearly 5 months past:
"This is a real working, dual-mode 3G handset.
"real"
"working"
My wife owns NOK shares. How should she or any shareholder parse Vanjoki's statements?
"real"
"working"
"NOW, on March 12, 2002"
Has my wife suffered material harm by believing NOK's public statement that they had a "real working, dual-mode 3G handset" in March, well ahead of other vendors?
Has my wife suffered material harm by believing NOK's public statement that, in having a "real working, dual-mode 3G handset", NOK was well ahead of the pack, and NOK would not only effectively compete, but indeed lead in the development and provision of 3G equipment and services?
Has my wife suffered material harm by logically inferring that NOK, having a "real working, dual-mode 3G handset", had mastered the technical problems associated with 3G technology, including handoff? Was this inference, in fact, NOK's intent?
What was NOK's intent in making this statement?
What did NOK communicate to the industry, what did NOK communicate to its shareholders, including my wife, by using the specific terms:
"real"
"working"
My wife, and other shareholders now learn that the very same handsets that Vanjoki very clearly stated on March 12 were "real" and "working" are actually going to hold up a customer carrier in late 2002 due to technical problems, including handover.
Can a 3G multimode handset - can any mobile handset - be considered "working" if it will not execute remedial handovers between cell sites? If carriers cannot sell them to the public?
In light of Vodafone's statements, the perception and reality of NOK's prospects for competing in next generation mobile services has materially changed from March 12 to today. Have shareholders who based investment decisions on March 12 statements been materially harmed?
Was NOK's statement accurate on March 12?
Is the statement accurate even today?
Not according to NOK's customer:
Message 17849789 |
