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


To: taylorfife who wrote (2954)12/7/1999 12:25:00 PM
From: yzfool  Read Replies (1) | Respond to of 34857
 
Added today at 170.5. Here is why. In this stock pickers market I'm looking for real earnings, hot sector (radar screens, volume, lots of analyst coverage), demand for product, minimal debt and lots of cash (3 billion).



To: taylorfife who wrote (2954)12/7/1999 12:42:00 PM
From: Caxton Rhodes  Read Replies (2) | Respond to of 34857
 
I love Nokia, however there are a couple of concerns:

The stock has gone to Pluto lately, I would pray for a pullback before buying, maybe to the 150s. Even the mighty Q pulls back. However if the buy the handset business, it may not.

If they don't buy Q's handset business, I think it will hurt them and the stock will definitely pullback. I think the handset bus will go to nok because nok doesn't want to go to anyone else. It's almost like they have to buy it or risk falling further behind in the cdma market. Q wants to sell to Nok, and nok reluctantly realizes it?s the smartest thing to do. Nok would be much happier if there wasn't so much competition for it.

Caxton