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Technology Stocks : Nokia (NOK) -- Ignore unavailable to you. Want to Upgrade?


To: Mika Kukkanen who wrote (2197)9/16/1999 12:36:00 PM
From: Wyätt Gwyön  Respond to of 34857
 
Re: Tero's article, I would choose to see the glass of tie-ins/consolidations among operators as half-full instead of half-empty. Tero points out benefits for T and BT; what will VOD and BAM's response be? Roll over and play dead? Not likely. If anything, I think this should spur greater competition afforded by greater economies of scale. Let BT and T sell to melanin-deprived pondhopping tourists and bizpeepul. VOD/BAM can deploy HDR and sell 2Mbps data rate to the other 99% in FOA (Fly Over America). ALso look for tie-ins with that GSM-less Asian country that has the second biggest GDP in the world. Jus kiddin! I'm sure they'll be GSM next week and us too! I think it's great for all equipment makers. PS. I think the only company that can challenge NOK's design prowess in handsets is Sony. They are the greatest consumer electronics company in the WORLD. NOK is number two, but of course number one in cell phones and great in handset design and innovation. Sony is the only large firm with like characteristics. With Sony's retreat from US handsets, people might think they'll roll over and play dead. But I'd say, don't ever write them off! Look at the game player market--they came literally out of nowhere to make Sega an also-ran and push Nintendo onto the offensive (Dreamcast will give Sega a dead-cat bounce for about a year, but next year they're dead). Seems their next-gen player will become the standard next year with blowout performance. I hope they enter into serious competition with NOK, so that we can have two great handset designers/makers. I'll see your Mercedes and raise you a Lexus! (circa 1990)



To: Mika Kukkanen who wrote (2197)9/16/1999 1:50:00 PM
From: Mephisto  Read Replies (1) | Respond to of 34857
 
Well, I am glad to hear it! I've looked in my favorite electronics store for a Nokia cell. They didn't have one.And I hadn't noticed other people using a Nokia cell.

Of course, I wanted a bright green one!

So I suppose I should ask the electronics store why Nokia phone were not in the show-room display.

Thanks,

Mephisto



To: Mika Kukkanen who wrote (2197)9/16/1999 3:05:00 PM
From: Ruffian  Respond to of 34857
 
Trouble For Symbian?

To: Jill N. (41474 )
From: ruffian
Thursday, Sep 16 1999 3:04PM ET
Reply # of 41475

Symbian In Trouble?>

Thursday September 16, 2:40 pm Eastern Time

FOCUS-Symbian start-up costs hit Psion

(Adds closing share price para 4)

By Kirstin Ridley

LONDON, Sept 16 (Reuters) - British palmtop computer company Psion Plc on Thursday
posted an expected sharp drop in half year profits amid falling sales and continuing
start-up
losses from its Symbian joint venture with leading cellphone manufacturers.

Although Psion warned that further investments in emerging growth markets and Symbian
would curb short-term profits, it
forecast a stronger second half with new products from its Psion Computers and Psion
Enterprise arms helping to boost revenues.

Headline pre-tax profits fell to 0.1 million pounds ($160,200) from 4.1 million. But after
one-off charges and a 2.8 million pound hit
from its share of Symbian losses, profits slid to 57,000 pounds on a 12 percent drop in
sales to 64.2 million.

''The decline in revenues and profitability from a year ago had been well flagged as old
palmtop models have been phased out and
new models introduced in the second half,'' noted Ian Burgess, IT analyst at Credit Suisse
First Boston. Psion shares slipped 26.5p,
or just under three percent, to close at 880p.

Palmtop sales fell by 34 percent to 24.5 million pounds as demand weakened for the
group's older Series 5 in anticipation of the
new Series 5mx. The new product includes e-mail and web-browsing and shipments
began at the end of June.

Psion's Series 7 computer, a variant of the Psion netBook -- which comes with mobile
Internet access and targets business clients
-- was launched in early September and the group plans to ship a new palmtop product at
the end of the third quarter.

But the key driver of Psion's hefty share price valuations depend on Symbian -- a
partnership that has drawn battle lines against
rival software developed by Microsoft Corp (Nasdaq:MSFT - news) and is expected to
become a major force in the telecoms
market.

Psion is the largest shareholder in Symbian, which partners Motorola (NYSE:MOT -
news) of the U.S., Sweden's Ericsson ,
Nokia of Finland and Japan's Matsushita Communication Industrial Co .

Symbian is building products around Psion's EPOC operating system for the next
generation of smart cellphones and palm-top
computers with Internet access.

Psion said the alliance was ''progressing well'' and was expected to move into monthly
profit towards end-2001, in line with
analyst expectations. Symbian is developing EPOC across a range of wireless devices and
will launch its latest version, ER6, in
the second quarter of 2000 with volume sales following.

Despite reports that Microsoft has approached Psion's Symbian partners to woo them
away from Psion, Chief Executive David
Levin told a conference call he was confident they would continue to develop products
around Symbian software.

''We know that Microsoft will continue to talk to them,'' he said. But he also held out the
prospect of possible future cooperation
with the U.S. software giant.

''Microsoft is an interesting company and we'd be delighted to achieve some sort of
cooperation with them if that were the right
thing. But at this point I wouldn't anticiapte it,'' he added.

Psion, which warned in March that investments in Symbian would take a 6.0 million to 7.0
million pound bite out of 1999 earnings,
said it was happy with analyst forecasts of annual profits of tax before exceptionals of
around 5.0 million pounds.

Armed with cash of 72.7 million pounds at the half year, the group also said it would seek
acquisitions, partnerships or investments
in the ''substantial opportunities'' in emerging growth markets for mobile Internet access
products and systems.