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Technology Stocks : Nokia (NOK)

NOK 6.500

+1.9%

Dec 19 9:30 AM EST

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To: tero kuittinen who wrote (551)	2/23/1998 8:50:00 AM
From: Lazlo Pierce	Read Replies (1) of 34857

Tero <<A hot day in Hex for Nokia... it's courting the 100 dollar level. I wonder what's boosting the stock. >> ******************** Tero, I'd venture that Nokia's forward P/E is relatively low and growth rate high compared to most, and the street is now realizing it. In this type of market, with many high flyers having higher P/E & lower growth rates, Nokia is (finally) seen as undervalued, with great prospects ahead. Just MHO. Dave

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