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Technology Stocks : Nokia (NOK)

NOK 6.500

-1.3%

3:59 PM EST

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To: Eric L who wrote (24250)	11/18/2003 9:23:32 AM
From: LarsA	Read Replies (3) of 34857

Eric, " Jacobs predicts that W-CDMA infrastructure and handsets will not be available in volume until 2005 – three years later than expected." and now seven months after your post we can detect some volume: (btw thanks to chapq on the "moderated") "Goldman Sachs last month estimated Hutchison's 3G subscribers at about 210,000 in Britain and 330,000 in Italy and kept its year-end estimates at 650,000 and 800,000 respectively, saying that there was a downside risk due to uncertain handset supply from NEC. NEC said it aimed to deliver between two million and 2.5 million handsets to Hutchison 3G by the end of this year out of a total of six million orders." thestandard.com.hk IJ must be pleased that he was wrong! Lars

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