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

To: JohnG who wrote (9466)	2/25/2001 4:02:13 PM
From: Mark Marcellus	Read Replies (3) \| Respond to of 34857

Nokia responds to Jacob's comments in FT: news.ft.com Olli-Pekka Kallasvuo, Nokia's chief financial officer, said Nokia expected the third generation market to be commercially viable next year. Responding to Qualcomm's comments, he said: "Our view is drastically different. We know the technology is there. We know calls have been made in the lab in W-CDMA technology. We know we can ramp up the networks of our customers." He added: "I don't understand the comment of someone who is not even in the business in terms of selling systems. We will be selling W-CDMA handsets in volumes in the second half of 2002." It sounds like there will continue to be bad blood between Qualcomm and Nokia. I don't think that's good news for anyone.