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 : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: peterk who wrote (64434)	6/4/2007 2:18:20 PM
From: Eric L	Read Replies (2) \| Respond to of 197443

Internal Truths Peter, << ... Jorma Ollima made the comment at an Israeli Tech Conf. in early 2000 I believe. Eric L. disputes the quote however and requests proof that Jorma made it. Jorma made it and I'm sure Eric has the quote on his little finger tips. >> It is impossible for me to dispute an unfurnished and undated quote (edit: and in this case a poorly paraphrased one; see below) that I was totally unaware of, and in this case I didn't attempt to, simply choosing to ignore it. The fact of the matter is that I was not aware of either the Israeli technology conference you referred to, what year it took place, or what Jorma Ollila may have stated at that conference. This is your original reference to it, in its entirety ... How about Jorma's statement in Israel about not believing in self -evident truths because of not wanting to disrupt internal beliefs. I believe Professors Pfeffer and Sutton of the Stanford Business School are teaching a course called Evidenced-Based Management (www.evidencebasedmanagement.com) that the Nokia folks should be attending. They might learn something. Message 23420448 << Eric L. ... requests proof that Jorma made it >> To be precise and ss stated to you on 4/21 in a response to a PM from you: the only answer possible to that statement/question is ... How about it? ... If that is a "fact," then quote it, and quote it in context. Furnish a link to the text of the speech (ideally) or at a bare minimum to a dated article referencing it. That's basic financial message board communications. Until you do so, don't expect a response, and don't expect a response unless you can properly frame the quote and link with some language that lends significance to your posting. Courtesy of Ruffian and SI's advanced search engine this may well be the quote you are referring to ... [6/26/2000] Nazareth, Israel (Dow Jones) -- The chairman and chief executive of Nokia Corp. (NOK) said Monday that one of his biggest concerns is that "we are not as quick as we were six years ago," when the company had half the 56,000 employees it has today. "You start to believe that what you created three years ago is so good, because it was good two years ago and 18 months ago, and you continue to make money," Jorma Ollila told an Israeli news conference. "And then there's someone in Israel and Silicon Valley just loving to kill you with a totally new technology," Ollila said. "And I think the problem in a big organization is that it starts to feed information internally that sort of supports its own internal truths and doesn't believe all the signals that you are getting. "I don't think we were quick enough to invest big enough in CDMA (Code Division Multiple Access)," Ollila continued. "We should have done that earlier, more. Now we have a catch-up game, which we will win. We have decided we will win and we will. But it's a little bad to miss 18 months. And part of it is that we were successful in other technologies. So I think that is a big problem. "With a big organization, you start creating your own truths," he concluded. "I'm not overly worried. But I am worried because human nature is like that." -By Amy Teibel, Dow Jones Newswires; 972-2-537-6985; amy.teibel@dowjones.com Message 13947738 Prosperous Investing, - Eric -