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

To: gdichaz who wrote (6667)	7/28/2000 6:59:18 PM
From: Randy Ellingson	Respond to of 34857

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. gdichaz- I'm curious why you call this a waste of money. And why do you call it a shortterm propping of the stock price? Has Nokia indicated they intend to purchase shares over the next 30 days? Wouldn't they be more likely to invoke purchases over a longer period of time, specifically at time when they feel the equity is advantageously priced (yes, that may be the week after next -- we don't know)? And with their cash on hand, is it really a stretch to buy those shares? The PR makes it sound as though they guarantee to buy the shares, which is different than a US company would approach it (i.e., authorization to purchase shares, but no assurance they actually would). Randy

To: gdichaz who wrote (6667)	1/25/2001 10:44:51 AM
From: Eric L	Read Replies (1) \| Respond to of 34857

re: Nokia competitor Openwave See bolded last lines. Note: Openwave (formerly Phone.com) WAP microwbrowser is used in virtually all CDMA phones (Nokia 8% the exception), many TDMA phones, and the UP server by many CDMA carriers and the Openwave messaging platform looks pretty strong. >> Openwave Shares Continue To Rise On Earnings January 24, 2001 Reuters Openwave Systems Inc. (OPWV) shares continued to rise on Wednesday, gaining more than 8 percent two days after the wireless infrastructure software developer posted a quarterly operating profit ahead of schedule and raised its expectations for 2001. Openwave shares were up as high as $75-1/4 before settling a bit at $70-7/8 in early afternoon trade, $4-5/8 higher than Tuesday's close. Its year-high was $208 and its year-low was $23-14/16. Analysts said the company's stock was continuing to rise on its strong earnings report and 2001 outlook. On Tuesday, a number of brokerages, including Goldman Sachs, Lehman Bros. and Credit Suisse First Boston raised estimates for Openwave. "The company posted very strong earnings two days ago. The underlining metrics were very strong. Forward looking guidance increased," said Matt Finick, an analyst with Thomas Weisel Partners. Finick added that investors, wary of underperforming stocks, were attracted to the company's solid financial results. Peter Friedland, an analyst with WR Hambrecht & Co., said Openwave's new contract with China Mobile Communications Corp. to supply mobile Internet services was also moving the stock. "It's a huge win for Openwave and it's a win against Nokia," he said. Finland's Nokia Corp. (NOK) competes with Openwave in the wireless Internet infrastructure software market. << - Eric -