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

To: Wyätt Gwyön who wrote (6656)	7/28/2000 2:09:14 PM
From: gdichaz	Read Replies (1) \| Respond to of 34857

MM: Yes. What would be fun would be to see what would have been Nokia's situation as of now if Nokia had used the money it is throwing away to prop up its stock price if Nokia had used it last spring toward purchasing a license and/or chips from Qualcomm for the future - which is data to the internet - or 1X-MC, HDR (1x/EV) and CDMA2000/WCDMA. But that opportunity was lost. So now Nokia wastes its money on temporarily propping up its own stock - to suggest that is short sighted is stating the obvious. Even now, that money could more usefully go toward a license from Qualcomm to open up the future - which is CDMA in one form or another - and without Qualcomm's OK, Nokia can not play in the 3rd gen game. Best. Chaz