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

To: Jim Lurgio who wrote (2687)	11/11/1999 10:43:00 AM
From: slacker711	Respond to of 34857

There is a review of a presentation by Nokia at an investor's conference....might be a premium service. thestreet.com "There should be 250 million mobile phone units sold annually by 2002," said Martin Sandelin, Nokia's investor relations vice president. "This becomes one of the largest consumer markets in the world. The car industry has more expensive products, but only sells 40 million. Watches sell about a million. PCs sells puny 100 million a year. Nothing can really compare." Shouldnt they send someone who has an idea how many cell-phones will be sold? I thought they were going to top 250m units this year. Nokia also had a slide with a picture of a PDA based on Palm....that should be pretty cool. Slacker

To: Jim Lurgio who wrote (2687)	11/11/1999 12:31:00 PM
From: Maurice Winn	Read Replies (2) \| Respond to of 34857

Thanks Jim. Yes, you are right. He didn't say W-CDMA is backward compatible to GSM, but the way he wrote it did put that in my head - our brains don't necessarily translate reality correctly into our view of the world. However, his idea is that Qualcomm has made cdma2000 only backward compatible with cdmaOne, ignoring the GSM world. He is incorrect there. It is backward compatible with GSM too - it's just that GSM takes a lot more electronic gizzardry to overlay it. The Clone [W-CDMA] takes the same amount of electronics to overlay GSM. People could wrongly get the impression from his letter that W-CDMA is better for GSM users. I did and I know [more or less] what's going on. Thanks for correcting me. Mqurice PS: I guess it's getting cold and dark in Chicago now and Tero will be entering the hibernation period and perpetual night. They'll all run for the saunas. Imagine living in an igloo before the days of microwave ovens and the WWeb during the long winter nights.