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

To: carranza2 who wrote (6812)	8/3/2000 1:14:14 PM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 34857

The issue is that the Koreans can't move phones unless they give them away for free. That is not much demand. So if the Korean govt. takes away the free-phones gimmick on Monday, then gives it back on Friday, maybe investors will be concerned about the following Monday (figuratively speaking). The real problem is that the cat is now and forever out of the bag regarding QCOM's revenue dependence on one country in Asia (where anti-US sentiment is popular, BTW), and its further dependence on having carriers artificially spur demand with gimmicks. This draws attention to the quality of QCOM's earnings going forward. A less geographically concentrated subscriber base would help matters a lot. BTW, the issue IMHO is about subsidies; not about which standard a given region is supporting.