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

To: Diamond Jim who wrote (2938)	12/6/1999 6:11:00 PM
From: Rene Madsen	Read Replies (1) \| Respond to of 34857

Any idea why Nokia doesn't trade 20 million shares on days like this? Because it's being hand-traded on the old NYSE instead of on Nasdaq as a good tech stock? <g> Joke aside - I work for a large european mobile telco, and I can say that we see Nokia everywhere. They are huge. The 3210, 5110, 6110, 6510 and 8810 are already huge hits all over Europe. The latest mobile phones - the wap-enabled 7110 and the new tiny 8210 are going to blow the market. Remember the cellular market in Europe are already much larger than that of the US and it is still growing by a rediculous rate. I put my money on Nokia, definitely!

To: Diamond Jim who wrote (2938)	12/6/1999 6:15:00 PM
From: tero kuittinen	Read Replies (1) \| Respond to of 34857

Yeah, the churn cycle approach is pretty tricky for tax reasons. You would need to bet on a 40-50% drop to make it worthwhile after the capital gain taxes. On the other hand, the prices of most alternative tech investments like mobile operators is getting up at the same rate as Nokia. The idea of buying gold bars and moving into some Montana survival camp doesn't seem so wacky anymore. There will be panic in the streets if the 4Q numbers show any softness after this rally. Tero