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


To: Diamond Jim who wrote (7771)10/19/2000 8:53:13 PM
From: Caxton Rhodes  Read Replies (1) | Respond to of 34857
 
What are you smoking DJ? I read second hand that Jorma said something like "Nok will make their own cdma chips. They will be a dominant key player in the CDMA space. Will augment efforts by buying from Telsun for Korean market. Relations are cordial with Qualcomm."

So far Nok is a close to non existent player in the cdma space. Nok can't do wcdma without a license from Q. If China does in fact announce large contracts for cdma, nok, unless they do something drastic, will be shut out of that huge buildout.

If you don't think Noks nervous, why do you think they moved the announcement to today?

Also, although I was surprised by Nok's earnings, I, and no other Q lovers that I know predicted any earnings numbers. We mainly discuss Nok's cdma strategy and feel that their current stand is an Achilles heel.

Congrat's on good earnings AGAIN, and a nice 30% jump.

Caxton