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

To: BOGEY who wrote (989)	9/16/1998 5:38:00 AM
From: tero kuittinen	Read Replies (1) \| Respond to of 34857

Fine - on the subject: Ericsson is rumored to give a profit warning and Nokia is dropping like stone. Hope you like this topic better, Bogey! I would think that if Ericsson does give the warning it might be a good opportunity to buy Nokia. I don't remember when Ericsson last time gave a warning, it's pretty shocking and investors still mentally link these two companies. But looking at the second quarter it shouldn't come as a complete surprise: if Ericsson's handset sales were tanking then, how could they be any better now with stronger competition and no new models? Since Nokia is the reason for the profit warning I'm not sure why it should be punished... but we've been through this routine with Motorola warnings several times before. People who desert Nokia now will be punished in October for their cowardice and cupidity. Tero