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| Author | Topic: Nokia (NOK) |
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Machiavelli |
posted 02-02-2000 05:14 PM
 
An update - I was able to get in around 184, and I'm really thrilled at the idea of holding this company for a long time. I think anyone who is intrigued by the future of wireless communications and the increasing connection with the Internet (especially broadband) - definitely look to this company. I promise that other than their debt structure, you will not read a single negative thing about their current business and prospects for the future. I need to go now - my Nokia phone is ringing.  |
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Art Vandelay |
posted 02-02-2000 10:41 AM
Mach, You're in good company... a lot of people like NOK. For example, here's a good analysis of the company/stock: http://members.aol.com/rcooked/nokia.htm |
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Machiavelli |
posted 02-02-2000 09:01 AM
Well, I knew I should have bought it yesterday. I don't know why I waited, but I have just put in an order for $5,000 worth. The problem is, noone has a clue at what price it will open at today. Apparently, it's up big in Europe so far, so we will see. It's possible my order won't go through at all. Then I'll be kicking myself. They also announced a split along with the great earnings yesterday. |
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Earnings Administrator |
posted 02-01-2000 06:43 PM
Nokia (NOK): $0.72 reported, $0.67 expected, $0.58 same q last year. |
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smario |
posted 02-01-2000 09:56 AM
I agree with you Mach - Nokia has been on my watch list for a long time. This is truly one of those companies that I could see investing in and holding for ten years. Think of the returns! I also just read that Motley Fool is probably going to make this there new choice for their Rule Make portfolio. Earnings come out today, so we'll see what happens. "Nokia's leadership in wireless handsets and networks falls under a much larger and lasting umbrella: human communication." |
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Machiavelli |
posted 01-31-2000 03:06 PM
I'm surprised this board hasn't been starting yet. Nokia is rapidly becoming one of my favorites. Forget Qualcomm - this is the wireless company of the next ten years. What I mainly love is that they have really hedged their bets by have many different frequency licenses. Whereas Qualcomm's future is based on everyone using CDMA, Nokia has produced handsets and networking equipment that handles any and all of the competing standards: CDMA, GSM, Amps, TDMA, and PCS. In so doing, Nokia has prevented itself from being "betamaxed" into obscurity. Just like a company like Intel, Nokia will be able to easily fill whatever needs exist at the moment, yet quickly shift focus whenever those needs change. The stock has taken off recently, and is just a little expensive for me right now. But I have to admit I am real close to pulling that metaphorical trigger. |
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