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

To: 49thMIMOMander who wrote (13966)	7/19/2001 5:11:24 AM
From: postyle	Read Replies (1) \| Respond to of 34857

Nokia's second quarter margins above 15% with pro forma pre-tax profit of nearly EUR 1.2 billion (July 19, 2001) Sales growth of 5% and strong positive net operating cash flow show operational efficiency while adjusting to market slowdown - Second-quarter net sales were EUR 7 346 million, showing growth of 5% compared with the previous year. In Nokia Networks, net sales declined 2% and in Nokia Mobile Phones net sales increased 10% - Pro forma pre-tax operating profit was EUR 1 166 million - Pro forma operating margin for Nokia was 15.5%, Nokia Networks 15.8% and Nokia Mobile Phones 17.9% - Pro forma earnings per share (diluted) were EUR 0.17 (0.21), on a reported basis EPS (diluted) were EUR 0.12 (0.20) Jorma Ollila, Nokia Chairman and CEO, said "Backed by our ability to manage working capital and control costs, we were able to retain our leading market position while sustaining good profitability and positive cash flow. This kind of resourcefulness is a product of the long-term commitment from all parts of our organization to improve efficiency and flexibility. "We believe firmly in the long-term opportunities of the mobile communications industry. With market growth expected to pick up again next year, we are in a unique position to build on our strengths. I am confident that our solid financial base, proven excellence in execution, focussed R&D and strong brand will continue to translate very well into profitable future growth." Closing rate, 1 EUR = 0.855 USD press.nokia.com

To: 49thMIMOMander who wrote (13966)	7/19/2001 6:52:15 AM
From: Clarksterh	Read Replies (2) \| Respond to of 34857

llmarinen: If the power control is slightly off, for a moment, under heavy load, the most critical handsets are lost, affects everyone. Certainly agree that a runnaway handset is off in it's power control a bunch of other handsets will lose lock - although I don't know what "most critical handsets" means. But the same is true of a TDMA based handset in the time domain - if it forgets itself and broadcasts in the wrong timeslots. Which is more probable? That a CDMA phone loses power lock to the extent that other phones are affected or a TDMA phone loses time lock (again to the extent that other phones are affected)? Not at all obvious. An individual phone really has to go hog-wild in either case. I hardly think it is useful to a system to try to accomodate (other than by shutting down a problematic handset) a problematic handset by giving them more room. The handset has to forward and reverse the timing, position of it's TX time slot so that all time slots arrive non-overlapping to the basestation, which tells them what to do. Well that I knew, but that is not the same as ensuring that the forward and reverse timeslots are timed in order to avoid the handset sending at the same time it is receiving. And of course at the basestation no such accomodation is possible in any case. Clark