Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: Labrador who wrote (10462)	5/19/2000 5:38:00 PM
From: Art Bechhoefer	Read Replies (1) \| Respond to of 13582

I don't know if this announcement appeared earlier: "CHICAGO, May 19 (Reuters) - The top executive at Nokia Corp. <NOK1V.HE> <NOK.N>, the world's No. 1 wireless phone maker, said on Friday he expected the number of U.S. mobile phone users to double by the end of 2002. "Jorma Ollila, chairman and chief executive of Nokia, told the Executives' Club of Chicago, that he expected market penetration -- the relative number of the population with a mobile phone -- to grow from about 31 percent in 1999 to 60 to 70 percent in about two-and-a-half years. "Ollila said last month that the company noted a growth spurt in wireless phone ownership occurs in a market once 20 to 30 percent of the population owns one." IMHO, it's very likely that most of that growth will be in CDMA type phones, not GSM or TDMA. Put another way, as CDMA penetration increases, the numbers of CDMA phones will MORE THAN DOUBLE, with GSM or TDMA taking a lower percentage.