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

To: Maurice Winn who wrote (4563)	5/3/2000 11:08:00 AM
From: JohnG	Read Replies (2) \| Respond to of 34857

Mq. If this rumor is correct, it looks like NOK's Fin pride has led it to a position where it must negotiate from a position of weakness. "Pride cometh before the fall" JohnG Messages <- Previous Next -> Message 18175 of 18181 Reply QCOM/NOK Final Answer? hodownsbrown (41/M/Rockville, MD) 5/3/00 10:02 am I finally got througha friend of a friend of a friend who works at QCOM. Here is what he says: NOKIA buying out QCOM is utter bullshit. All that happening is that a european wireless body has decided to open up the 3G standard to all kinds of CDMA in europe, which introduces QCOM to europe by the end of this year since they have everything ready for deployment. This caused NOKIA to start panicking because they are not ready for CDMA phones for another 2 years, meaning a huge loss of market share to samsung and seimens. All NOKIA is currently negotiating is, "either a favorable bulk rate for purchase of chips or outright purchase of Q's ASIC division" This sounds more credible to me than NOK buying out QCOM.