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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Jordan who wrote (250961)	7/18/2003 8:26:00 AM
From: MythMan	Read Replies (3) \| Respond to of 436258

>>8:24AM Nokia upgraded at FBR (NOK) 14.40: -- Update -- Friedman Billings Ramsey upgrades to Outperform from Mkt Perform, saying the co is poised to further improve its position in the mobile handset mkt given new product introductions for both the low- and high-end mkts as well as CDMA; also, improved gross margins at Nokia Mobile Phones is allowing the co to continue to reinvest for the long-term, while still offering sequentially stronger earnings in 2H03 compared to 1H03, and further earnings improvement in 2004 and enabling it to continue to generate strong cash flow; target is $18.< LOL