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


To: Marc Gilbert who wrote (2207)9/17/1999 10:02:00 AM
From: tero kuittinen  Read Replies (1) | Respond to of 34857
 
Nice try. That's the line Nortel and Lucent sold to analysts when they exited handsets. They whined that *nobody* can make money in that business anyway... no sense in trying. After that, Nokia's handset margins rocketed to almost 24%. Lesson: beware tips from people exiting a market. You can never tell whether they failed because of incompetence or because the market is not profitable.

Tero