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Technology Stocks : Nokia (NOK)
NOK 6.235+0.6%3:02 PM EST

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To: 49thMIMOMander who wrote (27861)12/1/2006 1:18:35 AM
From: elmatador  Read Replies (3) of 34857
 
Siemens denies report that COM cuts to be higher than anticipated. Siemens is looking like the poor Russian spy who has been poisoned in civilized London where they shoot the innocent Brazilian with 8 dum dum bullets in the head after he was immobilized to the floor.

Devious Finns got a package full of oldies nearing retirement in Malaysia Indonesia China... Be careful you need to get rid of them and they stick to Siemens like a tick on a African Zebra. They die together with blood depleted Zebra.

But Nokia when will open the package (which has a form of a Horse, the Trojan type) will discover the following (apart form the oldies hanging around):

All those political contacts they think they thought they'd get in the places it never went before: Sudan, Gabon, Nigeria, Cameroun... were bought with that money they are finding on those accounts in Austria and Switzerland.

Devious Finns will discover they were too clever for their own good: SIEMENS IS STOPPING THE PAYMENTS! Which means if Nokia wants those contacts, they now have to set their own secret accounts and keep paying to get business.

They should have paid Elmat to advise them before engaging in such foolish act.

Siemens denies report that COM cuts to be higher than anticipated.
FRANKFURT (AFX) - Siemens AG (Nachrichten/Aktienkurs) has refuted a press report claiming that job cuts in its communications division are going to be bigger than previously planned.

Speaking with AFX News' partner dpa-AFX, a Siemens' spokesman denied a report in the Frankfurter Allgemeine Zeitung which cited information from within Siemen's workforce that claimed the already announced job cuts would be 'significantly stronger' than previously reported.

'We have always said that in the entire COM division a maximum of 10 to 15 pct of the workforce would be dropped and this hasn't changed at all,' the spokesman said.

According to sources up to 40 pct of the positions could be cut in the mobile phone networking unit when the Nokia Siemens Networks joint venture is set up at the beginning of next year, the report said
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