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To: tero kuittinen who wrote (13748)	8/14/1998 1:23:00 PM
From: marginmike	Respond to of 152472

Thats if you consider it the overall phone market or CDMA.

To: tero kuittinen who wrote (13748)	8/14/1998 1:30:00 PM
From: Clarksterh	Read Replies (1) \| Respond to of 152472

Tero - GE's CEO, one of the most admired business leaders in the world has this rule that if some GE division is not number one or number two in its field it gets the axe. By that reasoning Nokia, your favorite company, would never have gotten into the phone business. Clark

To: tero kuittinen who wrote (13748)	8/14/1998 1:57:00 PM
From: JMD	Read Replies (3) \| Respond to of 152472

tero, thanks for the geographical and culinary pointers; always pleased to expand the old knowledge base. Truth be told, haven't spent much time in the Scandanavian neck of the woods. Got hammered at the Tuborg brewery in vagabond student days; enjoyed a delightful week or so in Stockholm, and that's about it. Besides which I wouldn't know a fjord if I fell in it so. . . . . Enjoy your NOK.A flag waving which you do with considerable gusto. I like the company a whole lot and am quite bitter when a friend told me to buy it and I put it on my watch list instead. Then got to watch it go in to orbit; that's the trouble with watch lists you know. Anyway, I love Nokia selling CDMA phones buy the truckload and wish them all goodspeed. Keep those royalty checks heading straight for San Diego; happy to deposit them. As for being a 'day late and a dollar short', don't be so hard on the Mighty Q. Particularly with your professed love of companies that have the cajones to bet the ranch, go for the gold, and soar off the cliffs (quite poetic of you, that). Cliff jumping carries with it the attendant risk of going splat, as in: there are old cliff jumpers and bold cliff jumpers, but there are no old, bold cliff jumpers. Ericy is looking to me as an enterprise that belongs in the latter category, but with the size of their checkbook could create havoc trying to avoid their death spiral. With things looking a little pekid in Peking [how 'bout that folks, any points?], their China asset could turn out to be a liability. Motorola is blowing both feet off at a rather amazing pace: they've got about $5 billion sunk in a satellite telephony constellation that is currently sporting a 75% call completion 'success' rate. So methinks the door has been opened for the Mighty Q to sit down at the table with the big boys, not without a bit of a tussle mind you, but we'll be there. Last my friend, if you are leaning on Japan as a means of getting a good night's sleep, may I suggest barbituates? Those folks are in deep poo-poo just now and their record for technological innovation leaves something to be desired, or have you not been watching your JVC High Definition Television set lately? Join the forces of light and goodness tero. The evil empire is not your beloved Nokia anyway; it's the dreaded Ericy wearing the black hat. NOK had the good sense to come in out of the rain, set up shop next to the Q, and learn the fine art of casting CDMA ASICs. Just think YOU should diversify YOUR portfolio: Nokia proved to be a quite adept apprentice. Don't you think it would be prudent to own a few shares of the master? Here's to your investing health, which I believe is the appropriate reply to the last sentence of your post . .old Norwegian drinking song, right? Mike Doyle

To: tero kuittinen who wrote (13748)	8/14/1998 6:43:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 152472

*lbp*Tero, quite right on growth of Sony versus Nokia. But Sony products are not commodities. Sony is a large, low risk, high quality, good, Mom and Pop or Investment Fund place to put a few shekels. I've admired Sony since 1974. Nokia since 1996 [though I hope they don't get lured down the Pinnochio road by L M Ericsson to Pleasure Island where work and honesty are banned and lying bad boys are in favour]. Nokia has done brilliantly and deserves a premium over Sony for carrying off a major success in a highly competitive, highly technological industry. Incidentally, I'm one who initially assumed Nokia was Japanese. Good for Nokia to recognize the potential of CDMA and be an early licencee. You said: "Nokia was the only company in the world that had the guts and vision to bet the entire corporation on mobile phone boom in the late eighties. They sold off everything else and jumped from the cliff, certain that their wings were strong enough to carry them." While that might have been admirable, do you not see a parallel with a company which bet the ranch on a totally new mobile phone technology, disparaged as contravening the laws of physics. Nokia's risk was only to adopt widely recognized analogue and GSM technology. They had only to solder a few wires and chips together and hire some Estonian plastic injection moulders and assemblers at distress prices after the USSR collapse. Qualcomm has taken on those with dollars, research, markets, years of lead; everything. Then created a major international corporation creating the wireless world from chips, handsets, operating software, Eudora, infrastructure and service providers to Globalstar for worldwide wireless communications and GPS. Then shifting the world to cdma2000 technology for multimedia and a million other applications. They are just getting warmed up. Now that's flying! True enough though, Nokia is doing very well in their GSM/analogue handset specialty. It's good for them that they are also in the cdmaOne handset market. Using your GE rule of thumb, it is a certainty that Qualcomm Incorporated will be on GE's shopping list. "Number one in its field." Mqurice PS: SurferM, Tero was pretending he can write Japanese "Watashi wa biiru suki desu", as well as pidgin English. I think you picked it as a drinking chant, but did you think it Finnish? I've been giving him English lessons for two years now and he's made good progress don't you think? He said he had come to Silly Con Investor to learn English. Really, he did! And Mike, it's Scandinavia, not Scandanavia or Scandalmania - though Dog knows what they get up to in their saunas on a cold winter's night.