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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (81896)	6/20/2002 7:26:25 AM
From: Softechie	Read Replies (1) \| Respond to of 99280

NOK Nokia provides more color on yr following June 11 update (12.40) At the co's mid-yr strategy meeting, NOK set new long-term annual sales and earnings growth targets of more than 10% from 2003. In its second update in less than two weeks, NOK also projected that it now sees 2nd-half sales growth of 10%, down from previous forecast of 15%. Co remains comfortable with full yr guidance of EUR 0.83. On June 11, NOK cut Q2 sales targets, while reiterating Q2 earnings outlook.