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


To: Mr.Fun who wrote (3075)12/19/1999 11:21:00 AM
From: Mephisto  Read Replies (1) | Respond to of 34857
 
I agree: Nokia's earnings growth will be "35% or better"

Also, I agree: "EVERYONE is convinced that ...(Cisco) is a sure bet."

In these heady days investors don't think too much about P/E especially if they think the company's future looks good. I appreciate your cautious words. I only try to report the way others view Nokia and Cisco, in my opinion. I invested in CSCO because I thought it was necessary even though I don't think routers are especially interesting. CSCO has approximately 85% of routers on the Internet, according to what I've read.

Nokia, on the other hand, is a company that I've always liked. Nokia has a world-class reputation for its nifty products, and I can relate to phones. I get a kick out of Nokia ad campaigns. They do a great job! And when it comes to research, Nokia no slouch either.

I plan to hold my Nokia shares and my CSCO shares. I don't believe that I will add to my CSCO position at this point.

Thanks very much for your advice.

Sincerely,

Mephisto