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

To: Craig A who wrote (2760)	11/18/1999 8:17:00 AM
From: tero kuittinen	Read Replies (1) \| Respond to of 34857

Merrill Lynch upped the Nokia target to 170 Euros - from 120 Euros. What makes this ominous is the status of ML telecom recommendations as a traditional contrarian indicator. See their earlier Nokia downgrade timings and plot that aginst the NOK share price and you see what I mean. I'm more enthusiastic about the two Philippine GPRS deals. Both included GSM expansions and one included a WAP solution. This valu-added GSM stuff is picking up steam in Asia. Pekka - as far as I know, both Ericsson's R380 and Motorola's spring WAP model include a working calendar. I'm expecting the same from Nokia's summer WAP model. Do these basic applications need to come from independent developers? Wouldn't most consumers just be happy with a basic organizer and calendar bundled in? Tero