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Technology Stocks : Nokia (NOK)

NOK 6.035

-9.1%

Nov 19 3:59 PM EST

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To: marginmike who wrote (847)	8/9/1998 11:55:00 AM
From: Raymond	Read Replies (1) of 34857

Marginmike! I think you need to read a little bit about the story of the digital standards.I quote "GSM was setup with different properties to make it incompatible with US GSM and TDMA".First of all GSM is an older standard then US TDMA.US TDMA and IS-95 CDMA has taken after a lot of features that was pioneered in GSM.For example SMS (short message service).US GSM was introduced 1995 and is more or less the same as European GSM .The difference is only the frequency band.Another thing you are raging about is that Europe is so protected because they have choosen one standard for mobile telephony.ETSI where the standards are set is not controlled by the governments.The ones that have votes are manufacturers,operators and organizations that are active in Europe including all the big american telecom companies.If choosing one standard is wrong then I think we shall outlaw the internet protocols, SS7 signalling(Signalling between public switches) and all the rest of the telecom standards that makes it possible to make calls to and from other countrys and within.It's a typical US stance to say if the rest of the world is not adopting our standards and if we don't dominate all high tech industries then they are protectionistic. You mentioned cars as an example how Europe is protecting it's industries mentioning Citroen as an example.France is not Europe!!! Why didn't you mention Finland and Sweden.Thats the countries where Nokia and Ericsson is coming from.Sweden for example has 2 different carmakers.Volvo and Saab and for a country of 8 million thats of course a really important industri.But there are no protection at all.foreign brands including the japanese car makers are totally dominant.US on the other hand that are not so dependent of the carindustrie have import quotas for japanese cars(Or do they call it voluntary reduction of export from Japan) .Thats in the situation where foreign cars just take a fraction of the market.It's another typical american view not knowing anything about Europe.Taking the worst countries in every category and comparing this countries with US. I think US under Clinton has gone from one of the most open countries in international trade to becoming more and more protectionistic.Kodak is a prime example.They don't have the same marketshare in Japan as in US.See thats proof how closed Japan is for American goods.I am just waiting to see what QCOM can get the administration to do for them.The only problem could be that Ericsson and Nokia is employing more Americans then QCOM. /R

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