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

To: 49thMIMOMander who wrote (18444)	2/22/2002 9:58:23 AM
From: JohnG	Read Replies (1) \| Respond to of 34857

NOK color phones?? Haven't seen one yet but COLOR is 70% of Korean Mkt. S Korea telecom stocks higher on foreign interest/strong results library.northernlight.com. SEOUL (AFX-ASIA) - Telecom stocks were higher, extending their gains for a second day, on sustained foreign investor interest after the companies posted strong 2001 results, dealers said. At 10.57 am, SK Telecom was up 2,500 won at 259,500 and KT up 2,100 at 52,800 on the main board, while KTF was up 1,200 at 42,300 and LG Telecom up 530 at 7,820 on KOSDAQ. "Telecom companies' 2001 results turned out to be impressive, distinguishing themselves from their global peers," Korea Investment Trust & Securities industry analyst Kim Sang-yun said. Kim noted that foreign investors have shifted towards telecom stocks and away from semiconductors and defensives. "Telecom stocks have been long under pressure, far lagging other stocks since last September," due to concerns over supply increase, he said. SK and SK Global failed to sell their cobmined 14.5 pct stake in SK Telecom to NTT DoCoMo while KT plans to complete its privatisation by selling about a 30 pct stake to local investors within the first half. "Given their stable cash flows and strong fundamentals, the stocks look pretty cheap and that's why foreign investors are moving into the counter," he said. The 2002 outlook is also positive, with sales seen growing by some 10 pct and revenue from wireless data service seen doubling. "CDMA 1x color mobile handsets account for some 70-80 pct of total mobile handset sales, which suggests strong growth potential for 3G business," he said. Marketing costs will likely increase but fall short of the sales growth rate with the local market near saturation, while capex will remain limited as telecom service operators postpone the launch of 3G IMT-2000 services until 2003. The latest efforts by the leading carriers to buy established internet portal sites such as Daum Communication and Lycos Korea are largely seen as "very positive and essential to developing new revenue streams," he said. seo/tr Copyright AFX 2002, All Rights Reserved.

To: 49thMIMOMander who wrote (18444)	2/22/2002 10:07:29 AM
From: LarsA	Read Replies (3) \| Respond to of 34857

About the "failed value chain": Ilmarinen, everyday we read about all these vendors from plastics, chips, displays, batteries, softwares to antennas and manufacturing outsourcing that are supposedly a very good indicator of the health of Nokia becuase they deliver their stuff to them. I didn't know Nokia did it all by itself!!!! Maybe what Dr No is really saying is that the problem is that QCOM is not one of those vendors? But hey, they will make a buck or two from Nokia, like everyone else