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

To: Eric L who wrote (14842)	9/4/2001 2:22:55 PM
From: JohnG	Read Replies (2) \| Respond to of 34857

From Rocket No GPRS phone delays for Nokia this year. The issue is simply too important to its bottom line. They are already delayed about 18 months. Nokia will sell non-PBCCH/PCCCH phones this Winter which will be known to require recall ahead of time. Stay tuned. Watch and listen. VHuerta, if Nokia sells phones with a built in recall it will not sell them in significant quantities. (Of course, this is always the case when manufacturers say that the phones are available but in scarce supply, the reason is they don't work very well). One of the reasons I stay away from investing in banks and the like is that by relaxing loan evaluation they can produce loans which show profits in the short term and losses in the long term. Its not easy to tell that that is what's happening. If there is enough sales of these phones to impact Nokia's financials, this will be very, very detrimental to Nokia's stock price, especially since the problem is known in advance. (Remember how desperate Nokia was to get a CDMA fix so a recall was not necessary.)