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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (5917)	4/8/2002 5:48:44 PM
From: John Pitera	Read Replies (1) \| Respond to of 33421

How the "name" stocks continue to fall.. 10:46AM Nokia quality problems have escalated-- Dresdner (NOK) 19.18 -0.73: Dresdner Kleinwort Wasserstein out of Europe issued a note before the open saying that NOK's quality problems have escalated in recent months; firm asserts that essentially all models are affected by displays that either stop functioning altogether after a few weeks' use (such as the 8210 and the 3310/3330) or go dead on an intermittent basis (6210); seems just a question of time before insurers either refuse to extend warranties or demand higher compensation from the manufacturer itself. In either event, NOK's direct costs for repair should rocket to $6-$7 per phone from an industry average of $1 per phone.