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 (8802)	1/12/2001 6:13:35 PM
From: Puck	Read Replies (1) \| Respond to of 34857

Motorola's forecast is currently at the low end of the 525 -575 million range. According to the columnist Herb Greenberg some people were actually looking for 500 million unit sales in 2000 amazingly. I've read elsewhere that in addition to Motorola, Texas Instruments was looking for 2000 unit sales to be 430 million or higher and maintained their position well into the fourth quarter, which may have been one influence in some of the 2000 high end estimates. I believe that Jorma O'llila believes exactly what he says and doesn't try to manage, or spin, expectations disingenuosly the way so many U.S. companies do. One may argue that he would have been wiser to lower his forecast publicly to give Nokia and the industry a margin for error in case reality turns out to be different, but as a five year O'llila observer, I believe that he would not do such a thing because to do so would be to mislead and cause harm just as making a recklessly, and perhaps misleadingly, optimistic prediction would. I believe he says exactly what he means and means exactly what he says as frankly as possible; he would never overstate his case nor would he understate it. Whatever unit sales forecast he presents when the year end results are released, I believe, will be exactly what he thinks is most realistic. Of course Nokia's predictions are only meaningful to extent that they have been accurate in the past, which is true of them all.