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

To: Dexter Lives On who wrote (2186)	4/5/2002 1:17:13 PM
From: elmatador	Respond to of 9255

Good question: "Ericsson and Nokia will likely take the hardest hit. In the fourth quarter of 2001, infrastructure sales accounted for 22%, or $1.7 billion, of Nokia's total revenues of $7.73 billion. Wireless-infrastructure market leader Ericsson books about 25% of its gear sales in Europe, estimates Mark Davis Jones, an analyst with Schroeder Salomon Smith Barney. While Ericsson doesn't break out wireless gear specifically, telecom equipment accounted for 85% of sales, or about $4.8 billion, in the fourth quarter on total revenue of $5.7 billion." businessweek.com