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

To: Joar who wrote (1227)	12/10/1998 5:11:00 AM
From: tero kuittinen	Read Replies (4) \| Respond to of 34857

Good point, Dave. That's definitely a factor - but Nokia's P/E ratio based on -99 earnings is still dramatically lower than Dell's, Cisco's, Lucent's or Microsoft's. There is no reason whatsoever why a company such as Dell should have a higher P/E than Nokia - other than the nationality factor. Moreover, Nokia has pulled off three consecutive earnings and sales growth surprises. Fourth is coming. This ability to beat the street by a mile is what Qualcomm lacks. Maurice, there is no way any company can afford to develop cdma2000 and W-CDMA phones simultaneously and get them to the shops among first. There is no doubt that for Nokia, a successor of GSM must be a priority. China and Japan are demanding W-CDMA very shortly. Joar, sadly our cousins in Sweden are sometimes prone to envy and spiteful jealousy. Nokia's 6110 has been number one in Europe's leading mobile phone magazine's (Connect) thorough test score list for ten consecutive months now. The 8810 got rave reviews in the latest "Connect" and was tagged as a sensation in Sweden's "Mobil" magazine. 6150 was named the best dualmode phone by "Connect" and the Rolls-Royce of dual-mode phones by "Mobil". 5110 was among the best ranked cheap phones in both magazines. "Focus" and two French mobile phone magazines have also given Nokia top rankings since last spring. These magazines (apart from "Focus") are professional mobile phone monthlies - their tests measure stand-by times, talk times, voice quality, etc. with scientific parameters. I'm afraid that some hack from Scandinavia's most notorious tabloid standing in a Stockholm subway tunnel doesn't reach the same standard. Avundsjuka är en sjukdom, medelsvenssons! Tero

To: Joar who wrote (1227)	11/20/1999 11:46:00 AM
From: Joar	Respond to of 34857

Nokia brings joy to small village. A true happy story, cited in the Swedish newspaper Aftonbladet, 19/11 1999: "FINNISH VILLAGE INHERITED 0,25 BILLION HELSINKI. In one night every inhabitant in the little municipality of Pukkila in southwest of Finland became almost 100.000 FIM richer. Nokia does not only make their directors and outside professional investors richer. Now a whole village has become wealthy. When the former inhabitant of Pukkila, Onni Nurmi, about 40 years ago wrote his will, nobody could imagine what a fortune he gave the municipality where he came from. In his will he donated his Nokia stocks to the municipality. And yesterday everyone toasted in champagne for him. - We do not know yet what we shall do with all the money. We have to think it over, said a very happy municipal director, Juha Myyrylainen. The Nokia shares were never to be sold, according to the will, but the dividend was to be used for the services for the old people of the municipality. Have gained enormously in value. Especially the latest years the shares have gained so enormously in value that they today are worth 172,5 million Finnish mark (about 30 million USD). As Pukkila, like so many other municipalities, are in economic difficulties, the municipality started to more and more to look at the shares. On Thursday, finally, came the pleasant answer from the High Court of Administration: Pukkila is permitted realize the profits from the shares. For the money that the shares are worth, Pukkila is able to run the operating costs of the municipality for 10 years. " A picture of the donator of Nokia shares can be seen at on.to Joar