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

To: Ruffian who wrote (10434)	4/11/2001 4:11:38 PM
From: 49thMIMOMander	Respond to of 34857

Great, Moody must have, just last week, dug up some old Nokia slides. This, of course, gives another clue: --- It said the achievement of debt reduction targets by companies such as British Telecommunications (A2), Deutsche Telekom (A2), France Telecom (A3), Sonera (A2) and KPN (Baa2) may not be achievable due to poor equity market sentiment. "The companies remain vulnerable because of their need to reduce debt at a time when increasing shareholder pressure and a non-receptive market for new equity issuance and asset sales are going to make that very difficult," said Carlos Winzer, telecom analyst at Moody's and co-author of the report. --- Poor equity market sentiment and shareholder pressure might be the last chance for world dominance???? As well as Prozac and Viagra for Motorola. Ilmarinen P.S. not much of that has, of course, much meaning in really populated areas, like Japan, Holland and parts of China,etc.. (where GPRS on new bands might be really smart and some WLL for the homes)