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Technology Stocks : Nokia (NOK)

NOK 6.730

-0.7%

Nov 14 9:30 AM EST

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To: Maurice Winn who wrote (1196)	12/5/1998 10:52:00 AM
From: Dave	Read Replies (1) of 34857

Maurice: Respectfully, I disagree with some of your logic in your previous post. The other point which has been mentioned but you haven't commented on, is that there are some 26 handset cdmaOne licensees. They all paid money upfront and it's fair to assume they planned on producing cdmaOne handsets. How about the US Phillips/Lucent joint venture? As I recall, both companies will not be producing handsets and Phillips will produce "parts" As the analogue base stations are replaced with cdmaOne, Q! will make a lot of money from infrastructure sales and royalties from other infrastructure suppliers. Tero has shown a study where TDMA is growing faster than CDMA, and you agreed. Now, why on earth will a provider replace their Analogue Base Stations with CDMAone when it is clearly apparent that TDMA is growing faster? dave

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