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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Mike Torrence who wrote (119436)	5/29/2002 8:57:34 AM
From: Jeff Vayda	Respond to of 152472

UBS Warburg reduced its 2002 and 2003 earnings per share estimate on Nokia (NOK: Research, Estimates), and cut the European price target by 17 percent. But it maintained a "buy" rating on the stock, even as it cut its sales estimate for the handset market to 400 million units this year and 433 million units in 2003. Nokia's American depositary shares dropped 59 cents to $13.70 in before-hours Wednesday.