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

To: tero kuittinen who wrote (1106)10/26/1998 12:22:00 PM
From: Leif V Singman  Respond to of 34857
 
Tero,

Not to worry. Dell Computer behaved much like Nokia is behaving now about a year and a half ago. I bought Dell then after they reported blow out earnings plus a stock buy back. Dell shares promptly declined from 75 to 65. When the price bounced back to 77, I sold. (You never go broke taking a profit, right.) Dell stock proceeded to double in the next three months. Lesson- the market is not rational in the short run but will reward strong performance in the long run. Just be patient.

Best regards,

Leif



To: tero kuittinen who wrote (1106)10/26/1998 12:48:00 PM
From: Jon Coert  Read Replies (2) | Respond to of 34857
 
tero,

I went cell-phone shopping last week, and the results only confirmed my belief in Nokia.

I went to five stores, four of whom were sold out of the 61xx phones, and all of whom said that the Nokias were the best phones.

Fourth quarter should be huge.

--Jon


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