SI
SI
discoversearch

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 Corp. (NOK) -- Ignore unavailable to you. Want to Upgrade?


To: Grad B who wrote (3999)6/23/2006 9:20:45 AM
From: Rob Preuss  Respond to of 9255
 
1) "But the 60,000 may be before reductions, so the cost structure of the JV should be looking pretty good if so."

From what I've read, the 60,000 is before reductions. I expect something just over 50,000 (e.g., up to about 53,000) after reductions.

2) "Of course, Siemens is getting 1/2 of the earnings stream, while initially contributing less than that amount to the bottom line."

Hmmm... but I think Siemens is contributing 50% more than Nokia to the top line.

Overall, the JV seems like a win for both companies.

Rob