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Technology Stocks : Nokia (NOK)

NOK 6.730

-0.7%

Nov 14 9:30 AM EST

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To: brian h who wrote (1796)	4/17/1999 8:33:00 AM
From: tero kuittinen	Read Replies (3) of 34857

I could find a number of things to say about the personal characteristics of several people at SI. But that road doesn't lead anywhere. If you don't understand the ultimate futility of attacking people for things like "boasting" or "self-promotion" on a forum where those things are the norm there's not much to be done about it. Here's how the spiral into a useless arguments starts: you claim that I'm not in a position to make predictions - I reply that there are tens of thousands of people reading my columns and giving me feedback on various topics. You then attack me for boasting - after I have simply pointed out where my information sources come from. You are free to inform people about your own views. I don't see the point of coming to this thread and attacking me. What's the use? I've yet to see a personal argument on internet that actually results in somebody winning. Claiming that I take credit for Nokia's share price rise isn't going to win you any points. Obvious smears almost always backfire. I said a year ago that Iridium will probably fail and that it does not have a commercial reason to exist - it's a vanity project conceived by engineers. Ask Maurice about it or read through the Nokia thread messages of the early 1998. I'm not obsessive enough to do that. No, I don't think that Globalstar will not turn into a profit engine. Iridium is likely to mop up 80 000 - 100 000 customers by Christmas. Those are the people who absolutely have to have a satellite phone. We now know that there is not a huge pool of consumers ready to pounce for an expensive, heavy satellite phone - just like I said a year ago. Iridium has both demonstrated that satellite phones are a hard sell and locked up the most affluent customers. And yes, I did predict Motorola's performance improvement in advance. Go to debry.com and dig up the "1999" column. I specifically stated that in near term (six months) Motorola may outperform Nokia. I made the claim last December. I specifically stressed that this will happen almost exclusively on the back of increasing digital phone sales. Read the recent news articles on Motorola's "strong turn-around" and you'll see that the phones sales is what the investors are now focusing on. Not the ailing network or paging sales. Sadly, you are once again pushing me into boasting by challenging me on this point. I hope you share the responsibility of this turn of events. I'm not "defaming your beloved company". I've been trying to explain in advance why Qcom share price might fall by 30 bucks in three days after the initial hype starts wearing thin. Which it has. Who has benefited small investors considering jumping into Qcom at 170... sceptics or people promising that Qualcomm will be both Intel and Microsoft? Even without the necessary profit margins or the sales growth? What's so extraordinary about the fact that not all people believe that Jacobs will win a Nobel price and a slot at Mount Rushmore? If this upsets you, there are dozens of people at Qcom thread who think he will. Not reading my posts would seem like an easy way to avoid upsetting yourself. Tero

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