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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: JDinBaltimore who wrote (36279)	1/9/2001 10:22:38 AM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

I thought I discissed this neatly in my posts to Labman, NOK 128 m slaes are lower than what analyst expected around 140m, however NOK has been trimmed hard, for the whole year from 400 m mobile telephone NOK was expected to have 32%, 128 million is very much in line, but if we expected 140 m the share price should not be here but around 65, that is not the case..NOK was little positive while ago where everyone else was negative now we need to see the earnings I am sure you will see that they will blow out the lowered expectations, here you are looking at market that has built in recession and soon as 30th Jan looms we will see more news about interest rate cuts more in line with 5% than 6% presently by June, this short term reduction in interest rates plus stable Euro will help recoup the US companies some of the disappointments of the year.. I think in a lowered interest rate and fiscal cut environment with a conservative President on the helm of the affiars I see that 1250 will hold .. below that i will short all the way to 1110 gg.. but lets do first thing first..