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

To: gdichaz who wrote (37455)	1/3/2001 11:45:18 AM
From: Eric L	Read Replies (2) \| Respond to of 54805

Cha2, << Assume you will soon let us know your thoughts on "King Nokia". >> I intend to, and would have liked to have completed my Project Hunt report by now. As you know I have retaken a position in NOK, convinced that is legitimately King of Handsets and MAYBE King of Wireless (a more difficult case to make). << I am skeptical that Nokia is a king even now and I am skeptical that Nokia is a better long term investment than a basket of Asian competitors might be >> Good! Skepticism is important when it comes to analyzing candidates for senior primate or royalty status. Slice em and Dice em. Its like eating zebra. You chew it, and you chew it, and then you spit it out (or so a Kenyan friend once told me). That is what this thread is all about. << But then that is just due to my Asia centric focus >> Good again. You can dig into what the Asians are doing, and they are doing a lot. << given your ability to dig deep for data, knowledge of the entire field - and therefore Nokia's place in it >> I'm still at the "dig deep for data" stage. << I probably will need to revise my opinion. <gg> >> Not necessarily. Best to thee, - EriQ - "QUALCOMM & NoQia - Together the World" ( © Cha2 aka Chaz )

To: gdichaz who wrote (37455)	1/5/2001 2:37:42 PM
From: Eric L	Read Replies (1) \| Respond to of 54805

Cha2, re: NOK - King of Handsets (Article about Q3 Handset Numbers) << Assume you will soon let us know your thoughts on "King Nokia". >> Still not quite ready to publish my "Project Hunt" report on Nokia. I have been waiting for some handset numbers to come in to confirm something I thought I knew, and trying to dig a little deeper into what Nokia is doing in its other divisions (some of which is also of great interest to me). I just got the confirmation I was looking for. 3rd Quarter Numbers are in. They confirm that Nokia has legitimately achieved >2X market share to their next nearest competitor in a brutally competitive commodity market and that Nokia's competitors are being eaten up from below, but not impacting Nokia whose market share is growing. Given the fact that handset sales are Nokia's core business (almost 70% of revenues ... last I saw was 67%), I am no longer hesitant to refer to them as King, although I hold Kings lightly. Here are excerpts from the "news". >> "Nokia Gains Market Share, Plans New Products" January 05, 2001 by Rex Crum upside.com According to a report issued by research group Dataquest, Nokia's share of the worldwide mobile-phone market hit 30.6 percent in the third quarter of 2000. Nokia had a 27.5 percent stake of the market in the second quarter, according to Dataquest. Dataquest said Nokia's mobile-phone market share is more than double that of Motorola (MOT), the No. 2 wireless-phone maker. Motorola's market share fell to 13.3 percent from 15.6 percent in the previous quarter. No. 3 company, Sweden's Ericsson (ERICY), also saw its market share fall, to 9.7 percent from 10.3 percent. Siemens, of Germany, was the only other mobile-phone maker in the top five to gain market share, with an 8.6 percent share, up from 5.5 percent in the second quarter. France's Alcatel (ALA) stayed constant at 5.6 percent. << - Eric -