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

To: Diamond Jim who wrote (3410)	1/26/2000 7:27:00 AM
From: tero kuittinen	Read Replies (1) \| Respond to of 34857

The chipset book-to-bill ratio is 0.9. They had not one but three explanations for this. This sure isn't what Payne Webber analysts were led to expect, I would hazard. I hope this won't cause jitters to other telecom companies. And we finally can wrap up the "did Nokia make a huge mistake by not buying the Q handset division" discussion. The revenue growth in the mobile phone division was just 16% while profit margin is now one step from zero. I would nominate unloading this division to Kyocera as the Management Coup of 1999. Tero