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


To: brian h who wrote (1777)4/15/1999 11:09:00 AM
From: tero kuittinen  Read Replies (2) | Respond to of 34857
 
Brian - it's this degeneration to personal attacks that hurts all discussion groups. Especially when the most vicious attacks tend to come from people hiding behind pseudonyms. Not using a full name under messages breaks down the rules of civil conduct. Feel free to ignore everything I've said. I don't understand this obsession Qcom contributors have with me. If you want to discuss how flawless Qualcomm is, you can do it at Qcom board. You don't need to read or respond to any of my posts if they annoy you.

It's absurd to claim that Nokia has to resort to vendor financing without any proof to back up the contention. The burden of proof is on you, not on me. I've said that insignificant fraction of Nokia's network sales involve vendor financing. If you disagree, go find some facts to back up your feelings on the topic.

Tero



To: brian h who wrote (1777)4/15/1999 11:52:00 AM
From: Clarksterh  Read Replies (1) | Respond to of 34857
 
Brian - You just forgot your samples (15 out of 20 stores in USA) is too small to mean anything.

Actually it isn't. Statistical sampling is a great thing. The only real problem is that Tero's sample is self-selected by the the people (store salesmen) who are annoyed with Qualcomm. If he had randomly selected 20 stores and they had said the Q phone sucks, I'd pay a lot of attention.

As for vendor financing, you claim NOkia does not do it too often. I sincerely doubt it. It is the norm in telcomm. industry.

I tend to agree with you Brian. In developing countries there are very few companies that have the cash for up-front financing. I imagine it is possible to bury the cash flows to some degree, and it also true that Nokia, as an industry leader, probably has to do less financing that a second string supplier, but still I would expect them to have to finance 50% or more of their developing country infrastructure contracts.

Clark

PS Tero, in all sincerity, congrats on the large readership. Although I don't always agree with you, you still seem to get some interesting slants and facts.