SI
SI
discoversearch

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: S100 who wrote (8748)1/10/2001 5:55:26 PM
From: A.L. Reagan  Respond to of 34857
 
Looking at MOT's report today, it all ties in very nicely with NOK's report yesterday.

BTW, kudos to Eric J.'s for his literary construction of Qvangelicals. LOL!

P.S. In very light trading so far MOT actually up in AH, despite truly crappy handset #'s and forecast.



To: S100 who wrote (8748)1/10/2001 7:36:09 PM
From: JP Sullivan  Read Replies (2) | Respond to of 34857
 
Nokia never raised its forecast of a market size of more than 400m in 2000.

Right. Now look at the FUD/distortion in this report:

<http://www.siliconinvestor.com/headlines/financial/20010110/273459.html>

especially in this paragraph:

Motorola's earning report on Wednesday came a day after Nokia, the world's largest mobile phone maker, said its 2000 mobile phone sales were weaker than expected although it gained market share.

In which announcement did NOK say that sales were "weaker than expected?" One has to wonder where the writer got his facts. Have you noticed how nearly all the news about NOK's recent handset volume announcement is extremely negative in one way or another? The fact that NOK increased it's unit volume sales by an enviable 64% (without flushing profits down the toilet, I might add) remains a mere postscript. No wonder the Naz crashed. Talk about insane expectations.