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

To: Maurice Winn who wrote (1365)	1/18/1999 6:47:00 AM
From: tero kuittinen	Read Replies (4) \| Respond to of 34857

That was a decent spin, Maurice. I'll give it eight points on the James Carville scale. Just a sprinkle of facts and a healthy dose of snakehandlin', speakin'-in tongues CDMA fervor - it's a winning combo. Now let's take a peek at the facts, just for variety's sake. Vodaphone is a GSM company. Vast majority of their sales and profits come from GSM. They may have a stake in Globalstar, they may have a stake in Qcom. This means very little. Microsoft sells joysticks - that doesn't mean MSFT is a video game hardware company. Vodaphone bought Airtouch mainly for the Airtouch GSM operator network in Southern European countries. The new Vodaphone Airtouch is the world's biggest GSM operator. Majority of the profits will come from GSM operations. Last Friday the deadline for applying for Finnish W-CDMA licenses closed. One of the fifteen operators applying is Vodaphone Airtouch. So you have what was formerly America's number two CDMA operator now applying for a W-CDMA license - backing the Nokia/Ericsson proposal for the third generation standard and undermining Qualcomm. Spin that, Maurice. Tero