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Technology Stocks : Nokia (NOK)

NOK 6.730

-0.7%

Nov 14 3:59 PM EST

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To: Maurice Winn who wrote (1059)	10/15/1998 12:46:00 PM
From: tero kuittinen	Read Replies (3) of 34857

No Finn is named "Neil" or "Tim". We have decent names like "Yrjö", "Reiska" and "Väinö". I'm afraid this casts suspicion on the rest of your facts, Maurice. I have this theory that good people of Finland are driven to self-destruction by twisted enemies of Finnish high tech industry. Some of them having names like "Mike" and "Dave". Anyway, I think Ericsson has dug themselves a hole. Their current stock resurgence is built on their recent claim that they are not losing market share to Nokia. This took the investment community by surprise. And for a good reason: they are being mendacious. Truth will come out next week. The Nextel numbers are very interesting. They actually have lower number of subscribers than in the previous quarter. I think the sheer impossibility of the Mot-centric iDEN standard is starting to become obvious. As several GSM phone manufacturers introduce their new worldphone models functioning in about hundred countries during next winter, GSM should get a further boost in USA. Yeah, Motorola is bringing out an iDEN/GSM phone... but it will be a Motorola product. One week until 3Q... consensus expects 39% sales growth. Nokia should show at least 45%. Depends on where the handset sales number is. I hope the growth there is in the 60%-70% range. Since Nokia's sales growth fizzled in the second half of 1997, that is not so hard to reach, especially since the growth was at 50% already during the second quarter of -98, even before the 51xx, 6150 and 8810 launches. Tero

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