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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: Ramsey Su who wrote (20154)	3/9/2002 11:43:27 AM
From: Dennis Roth	Respond to of 196633

Nokia Must Come Out With New Phones to Retain Market Share, Investors Say quote.bloomberg.com By Philip Lagerkranser Stockholm, March 9 (Bloomberg) -- Nokia Oyj, under pressure to retain market share and boost its stock price, must show a range of new mobile phones, including more models with color screens, at the Cebit technology fair next week, investors said. Shares of Nokia, which makes one in every three handsets, fell 41 percent in 2001 as wireless industry sales declined for the first time ever. Rivals such as Sony Ericsson Mobile Communications Inc. have been quicker to introduce advanced models, fuelling concern they may erode Nokia's market share. ``Nokia mustn't lull itself into thinking it will automatically keep its share of the market,'' said Sami Sormunen, who helps manage 250 million euros ($220 million), including Nokia shares, at Pohjola Fund Management Co. in Helsinki. [snip]