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


To: AL H who wrote (1379)1/20/1999 10:19:00 AM
From: tero kuittinen  Read Replies (2) | Respond to of 34857
 

I raised the possibility of a 1:3 split a couple of weeks ago. Nokia was then a lot closer to 100 bucks. This is a pretty conservative company when it comes to splits, but they'll be topping 100 dollars by fall if the split is just 1:2.

Helsinki and Stockholm are currently seething with rumors about Nokia's and Ericsson's back-to-back announcements Jan 28-29. It seems that word is leaking out on big surprises on both days. One is negative, the other positive. Ericsson is allegedly trying to limit the damage of their 4Q numbers by introducing their new phone platform. The hot topic is when will they promise to ship? Anything later than early March would be bad. Meanwhile, Nokia may apparently make some kind of product introduction as a counterpunch. The most likely candidate is the putative Nokia 6185 - supposed to be Nokia's first CDMA tri-mode phone and an attempt to undermine Motorola's CDMA Startac by offering two digital frequencies in one handset. The second possibility is Nokia 71xx, some kind of downmarket version of the exorbitantly priced 8810. This is getting really interesting - the markets are now reacting to the possibility that Nokia will not have a break in their product launch schedule as some have feared.

Tero