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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: kech who wrote (103691)	9/4/2001 10:09:07 AM
From: Cooters	Read Replies (1) \| Respond to of 152472

Nokia <NOK1V.HE> says 3G plans proceeding well HELSINKI, Sept 4 (Reuters) - Finnish telecom equipment maker Nokia <NOK1V.HE> said on Tuesday plans to release its high-speed third-generation (3G) handsets in the third and fourth quarters of next year were proceeding well. "(We) reiterate that the first Nokia 3G terminals will start shipping in the third quarter 2002 with volumes rising into the millions during the fourth quarter," Nokia said in a statement. Nokia had reiterated in the statement its plans to launch high-speed general packet radio service (GPRS) phones in the third and fourth quarters of this year. Nokia's comments come after grim forecasts from Swedish rival Ericsson <LMEb.ST> which roiled markets. Some analysts have questioned whether Nokia's GPRS phones would come out on time, which when paired with earnings fears about the firm have sent Nokia shares to over two-year lows. 09:06 09-04-01

To: kech who wrote (103691)	9/4/2001 10:14:40 AM
From: arun gera	Read Replies (2) \| Respond to of 152472

Tom: As Wall Street analysts see it, Sout Korea is still the biggest CDMA market. The numbers from South Korea indicate that total subscriber numbers declined slightly. That may be the connection to the price drop. Arun

To: kech who wrote (103691)	9/4/2001 10:17:55 AM
From: Art Bechhoefer	Respond to of 152472

>>Is Q so poorly understood that it still goes down 2 points on inflated press releases like this one from Nokia?<< YES! One other factor that I have not mentioned in recent posts is the attitude of the institutional investors (as opposed to more technology oriented individual investors). The institutional investors are predisposed to go with the bigger companies on the theory that bigger must be better, even if you don't understand all the technology issues, and even if the bigger guys can't explain why they're still behind on technology. Details, mere details! But the main factor is that some of the biggest service providers, prodded by their GSM equipment manufacturers, think that they can still get by doing nothing until somehow the equipment providers come up with something that works and doesn't cost too much. Art