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

To: foundation who wrote (12994)	6/23/2000 10:57:00 AM
From: carranza2	Respond to of 13582

Your explanation is the only one that makes sense, Benjamin. Along with the possibility of NOK selling CDMAOne products in China. This is no capitulation by Nokia. If it is not using its own ASICs, NOK signals that it is giving up the effort. To what extent remains unclear. If it is using others' chipsets, it's probably a stop-gap measure for the upcoming US Xmas season with the added fillip of potential sales in China. Either way, Q will get some royalties. The bit about sales in S. Korea is balderdash. The market is saturated and the subsidies have been rescinded. There is nothing for NOK in S. Korea.