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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: willkm3 who wrote (29772)	8/10/2000 8:02:11 PM
From: Rick	Respond to of 54805

The Economist, August 5th - 11th edition, page 60. Nokia Star turn "The reaction of most commentators to the vicious pounding received by Nokia last week at the hands of mostly American investors was to reckon that it said more about the febrile mood on Wall Street than about the true state of the Finnish mobile-phone icon.... The main reason behind Mr Ollila's third quarter warning is that new WAP (wireless application protocol) versions of its mainstream models will ship several months late.... The transition from 2G phones based on GSM technology to 3G will create other difficulties for Nokia. One is that the world standard for 3G now seems certain to be based on a rival technology called CDMA that Nokia has not been comfortable with in the past. This creates the possibility that it will lose its technical edge. Another is that the big Japanese handset makers, such as Matsushita and Fujitsu, will have at least a year's headstart in delivering 3G products thanks to NTT DoCoMo's decision to launch its 3G service in about nine month's time. While Nokia has only been able to take a measly 1% of their home market, the Japanese are preparing to invade Europe. These are not reasons for betting against Nokia: few companies can match its flexibility and focus. But they are at least grounds for believing that Europe's brightest tech star will soon have to fight harder than ever before to stay on top." - Fred