Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: carranza2 who wrote (26519)	6/9/2004 3:52:50 PM
From: John Hayman	Respond to of 34857

Carranza2, I agree with your assessment about NOK. Just what market share will they end up with is the question? Knowing that, could get you a little bit of info for a value play, but I don't know how you could know that? Like you said, they have the money to do better. It is a hard call for sure. I have been watching and studying it, but I haven't put any money down yet. I think it may be too soon to tell where the bottom is. I thought it was going into the single digits last year, but it has held around the 13-14 area quite well. Also there are a lot of big boys invested in NOK. It appears there has been some of them selling, and it could pick up again. You know they are late to the exits when something like this happens. Waiting for now! Value play maybe eh? Too bad it happened like this, it could have been a lot different. John

To: carranza2 who wrote (26519)	6/9/2004 9:42:04 PM
From: Jim Mullens	Read Replies (2) \| Respond to of 34857

C2, Re: NOK and "It's not too late for Nokia, but there is not much time left. Of course, these efforts may not necessarily be visible to anyone. I'm not plunking my money down on it at this time, despite the potential for a terrific value play, because I'm not sure Nokia management is up to the task. " When to invest- perhaps when they bite the bullet / bury the hatchet and slip a QUALCOMM chipset inside. Remember this, about a year ago? >>>>>>>>>>>> MAY 8, 2003 businessweek.com STREET WISE By Olga Kharif Qualcomm's Mixed Signals. .snip...>>>>>>>> SHARPER CHIPS. Qualcomm's Thornley believes that despite Nokia's latest move with the 6585 model, it will eventually follow in the lead of No. 2 cell-phone maker Motorola (MOT ), which stopped producing its own chips and turned to Qualcomm -- a move that accounts for much of Qualcomm's revenue boost this year. Nokia has yet to make any overtures, but Qualcomm has expertise and enjoys greater economies of scale, Thornley says.

To: carranza2 who wrote (26519)	6/9/2004 9:43:36 PM
From: elmatador	Read Replies (2) \| Respond to of 34857

In the early 90's, after offering itself to Ericsson to buy it, (ERICY didn’t take) there was no way but to struggle. And it paid back. Nokia went on to take a huge market share in mobiles. But we have to keep in mind it was an European ball game. It was not possible for the competitors to appear due to the big head start Europeans had. 3G is a different ballgame and Asians will eventually dominate this market and NOK will be just another face in the crowd. Problem for companies that in less than ten years dominate a market such as NOK did, is that they have forgot what it was when they offer themselves to be bought by ERICY. No people there have managed a downturn. Which means the canary dies and no one takes as a sign to run or take countermeasures. It was so good to be the kings that the new reality become unpalatable even to consider.