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


To: Diamond Jim who wrote (8093)11/11/2000 11:47:08 AM
From: JohnG  Respond to of 34857
 
Diamond Jim. There was no BS about NOK's numbers. I simply advised that the Euro currency cost apx $1.17 per Euro to buy a year ago and now it was only apx $0.85 per Euro. This is a roughly 38% devaluation of the Euro against the dollar. I am sure it is doing fine against some third world currencies, Their report was fine but their inability to compete in CDMA raises grave concerns in the upcomming non-GSM world. NOK's year over year looks much less impressive when converted to $US.
JOhnG