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


To: Paul Shread who wrote (624)4/24/1998 9:45:00 AM
From: tero kuittinen  Read Replies (1) | Respond to of 34857
 
Because that irritating Dutch guy (Van Fluegl or whatever) on Moneywheel (NBC Europe) claimed that the results are "slightly below expectations". I think these are European expectations, maybe they are slightly different than Wall Street estimates. Moreover, I heard on the radio that the average expectation was 2.23 billion FIM. Helsinki did react negatively right after the announcement. But now NOKA is zooming up by 2.7% in Hex. Go figure. Just few minutes ago Kauppalehti Online reported that according to Nokia the handset sales "accelerated towards the end of the quarter". This might be boosting the stock right now.

Tero