Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Eric L who wrote (8614)	12/21/2000 1:26:59 PM
From: Puck	Respond to of 34857

From TheStreet.com article on Brightpoint: thestreet.com But Brightpoint also resells phones from a veritable who's who of manufacturers, including No. 2 Motorola (MOT:NYSE - news), No. 3 Ericsson (ERICY:Nasdaq - news), Samsung, Panasonic, Kyocera, Alcatel (ALA:NYSE - news), Siemens and NEC. ----------- Nokia, however, shrugs off talk of slowing demand and possible effects on its numbers. "A few weeks ago, we gave pretty firm guidance about extending revenue growth and upping our forecast in terms of subscribers," says a spokeswoman for Nokia. "We see demand outstripping supply. We haven't changed our statements." When asked whether Nokia has lowered prices on its products or offered rebates, she replied, "I have not heard anything about that." Jan Ahrenbring, vice president of marketing for Ericsson's consumer division, emphasizes that the company has already disclosed its concerns about softer demand for phones this year and next year, as well as its predictions for pricing pressure on sales this quarter. "We don't see any unforeseen big changes or problems ahead," he says.