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

To: JP Sullivan who wrote (3088)	12/22/1999 8:25:00 AM
From: tero kuittinen	Read Replies (1) \| Respond to of 34857

Loved Sonera at 20 bucks. Loved it at 40 bucks. Do I love it at 60 bucks? People say now that you can't pay too much for a good stock. And that some stocks are worth owning at any price. And that the stocks have reached a permanent, high plateau. Dang... the last nugget was actually from 1929. Somehow it slipped in. Let's say that Sonera is going to do much, much better than Sprint. It makes sense to switch. Does it make sense to buy Sonera options on margin and hope it will become the first former state monopoly to hit a P/E ratio of 100 within 18 months of the IPO? I'd think twice. It's one of the best mobile data barometers around, though. So it's going to reflect the success of M-commerce and M-banking much more accurately than Vodafone or even Mannesmann. Tero