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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (57220)	12/11/2001 10:50:41 PM
From: StanX Long	Read Replies (1) \| Respond to of 70976

And then And then And then along comes Jones, slow walking, slow talking Jones. So it Nokia and not Jones, the news is good. Stan Nokia Says 4th-Quarter Earnings May Beat Target Tuesday, December 11, 2001 foxnews.com HELSINKI — Nokia, the world's largest mobile phone maker, on Tuesday said it may beat its fourth quarter earnings target as it benefits from a new range of Internet phones on the market this Christmas. "The mobile phone market has developed according to company expectations, with fourth quarter volumes expected to reach 105-110 million units,'' Nokia said in its mid-quarter update. Nokia said it expected pro forma earnings per share for the fourth quarter to be at the upper end or even above the earlier indicated range of 0.18-0.20 euros ($0.16-$0.18) compared to 0.25 euros in the same quarter of 2000 when demand for handsets reached its peak. Nokia, which makes one-third of all mobile phones, reiterated sales would grow by 20 percent from last quarter's 7.1 billion euros but would be lower than the 9.28 billion euros posted in the fourth quarter of last year. Shares in Nokia, which have almost doubled since September 11 on signs of resilience in a tough market, rebounded from earlier losses to trade up 3.5 percent at 28.40 euros by 1020 GMT compared to the Dow Jones Technology Index gains of 1.8 percent.