THREE FIVE SYSTEM (TFS) - up from here? Message Board

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Technology Stocks : THREE FIVE SYSTEM (TFS) - up from here?

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To: N. Saliba who wrote (1333)	4/17/1998 9:17:00 PM
From: Jim P.	Read Replies (1) of 3247

Regarding estimates of 230 million handsets shipments by year 2000. I felt estimates were high also but an April 17, Reuters news release about Nokia stated that the annual replacement rate for handsets in Sweden is 50%. (This means one of every two buyers of a mobile phone in Sweden is purchasing another handset within the first year of purchase. The rate in Denmark is currently around 30%.) You can be sure the handset estimates take this into account but it does not say why the replacement rate is so high. Jim

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