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

To: Jim Lurgio who wrote (707)	6/22/1998 10:19:00 AM
From: tero kuittinen	Respond to of 34857

God damn Ericsson has gotten two 200 Million US$ deals in Belgium and Netherlands in four days. Nokia's answer? 30 million deal in Iowa! Smokin'. It looked like Nokia's infrastructure division had caught up with Ericsson last winter, but recently Ericsson has pulled ahead once more. Either they have gotten more aggressive in bidding or they have some new hardware. In -96 Nokia had white hot handset sales growth, but lagged Ericsson in infrastructure; in -97 the positions switched; this year when Nokia is once again vaulting over Ericsson in handsets, it loses momentum in infrastructure equipment sales. It's like these companies have some pact that keeps them trading places. No wonder their stock prices seem to be locked to each other. Tero