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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 172.22-0.6%9:42 AM EST

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To: foundation who wrote (27447)10/3/2002 8:57:47 PM
From: foundation  Read Replies (3) of 196543
 
re: NOK and 3G infrastructure ---

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<snip> from SSB's 3Q02 Preview

Nokia announced on September 26th that it would be able to recognize roughly E500 million worth of 3G infrastructure in 3Q02. Although this eliminates concerns for the top line in 3Q02, we believe the company will have difficultly recognizing the other E400-500 million in 3G revenues it estimated for 4Q02 due these revenues including dual-mode infrastructure, which is likely to fail the technical feasibility study.
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