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Technology Stocks : Nokia (NOK)
NOK 6.000-9.6%12:20 PM EST

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To: tero kuittinen who wrote (730)7/5/1998 6:23:00 PM
From: Maurice Winn  Read Replies (1) of 34857
 
Tero, yours was well replied to, so I won't repeat it. I suppose you have admitted that each company handles their IPR in whatever way they believe will maximize their benefits. Sometimes they'll keep it to themselves, sometimes give it away, like Eudora Light and Symbian, sometimes they'll license it for money as Qualcomm has done with nearly all telecom companies with cdmaOne, sometimes they'll do an IPR swap with some other companies as the GSM providers in Europe have apparently done.

At least you seem to understand now that IPR is owned by companies and it is their property to dispose of as they see fit. I guess I'll put you down as self-deluded, but now accepting that companies can own and profit from IPR, with the seller setting the price to be accepted or declined by the prospective buyers.

Tero, the Armageddon phone is some plastic model, designed to enhance the image of Nokian [my brand name which I'm sure Nokia will have no objection to]. It won't be any of the current models, but it will assuredly be very futuristic with Nokian emblazoned prominently.

Incidentally, can you list the countries where Nokia manufacturers handsets. I was reading about Estonia and it seems that Nokia is getting some really cheap manufacturing done in this refugee from the Stalinist empire. Very convenient to have a Finnish-talking place next door with really cheap labor. Do they really talk similarly enough for Finns to communicate with them? I'd have thought they are far enough apart to be linguistically quite separate - from an intelligibility point of view.

Similarly for Qualcomm with Mexico over the border, where Sony is building a plant to take advantage of lower cost employees.

Tero, you don't sound too kind in regard to the Motorola prisoners! Shades of GSM Nazis!!! Caging them, feeding them herrings and fat. Hmmm! I guess you were trying to joke. When the Swedes and Estonians are working for Qualcomm, I'm sure they'll be much more civilized employers than that.

Arrogance shows up in the willingness to steal or otherwise adopt other than a voluntary approach to others. Nokia declared an intention to have free IPR from Qualcomm. That is arrogance. Caging the failed Motorola employees would come into that category.

Also, your idea of 2 or 3 companies succeeding in high tech with the rest being has-beens seems odd. All spheres have a wide range of competitors. Ericsson won't go out of business as cdma2000 sweeps the world, they'll just become a niche marketer of GSM and other systems. There will many, many handset makers for decades to come.

Maurice
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