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

To: JohnG who wrote (5294)	6/6/2000 6:40:00 PM
From: JohnG	Read Replies (1) \| Respond to of 34857

Buy 2 Mips 1X MC w/ HDR laptop wireless modems here today. qualcomm.com Qcom is shipping 1X MC ASIC's NOW, TODAY. Is NOK going to play or just sit in the corner, sulk and spread FUD??? Who can tell me---I want to buy some more NOK stock if they are planning to parcicipate in selling 1X MC phones this fall for Christmas and 1X MD w/ HDR phones a little later. JohnG

To: JohnG who wrote (5294)	6/7/2000 12:32:00 AM
From: chirodoc	Respond to of 34857

6/6/00...Momentum investor Don Rowe is excited about the rapid growth of the wireless industry. For instance, he notes that 28% of Americans use cell phones, and the number of Americans that have wireless Internet access will grow from three million today to 50+ million within five years. Thousands of cell phones are sold daily, and more than 500 million cell phones will be sold over the next five years. Rowe predicts that the cell phone of the future will include a personal digital assistant, a pager, 24-hour continuous Internet access and e-mail. To capitalize, Rowe recently issued a strong buy recommendation on Nokia (NOK - $56.94), whom he calls "the global leader in wireless telecommunications." The Finnish company makes 60% of the world's cell phones. Its communication unit provides satellite terminals for digital broadcasting reception, and its telecom division offers switching systems, network management, IP networking, and solutions for telecom operators of both mobile and fixed networks. Rowe highlights how the modular design of Nokia's networks gives operators greater flexibility. "That means they can start small and develop their networks as their customer base grows, and they can introduce new network elements in rapid response to market opportunities," Rowe says. He is also excited at Nokia's sales and earnings growth, which grew an average of 38% and 37% respectively over the past four quarters. These results reflect heavy demand for Nokia's mobile phones as well as strong interest in the firm's higher margin products and services.