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6 pts

Opinion on  Nokia Corp (NOK)     Sector: Technology  >  Industry: Communications Equipment
new strategy (will pay off in long run)

Jan 28, 2008 10:26 PM GMT
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Return Risk
-4.00% MID
Associate

Nokia has been idle for some time---they have clearly changed gears and are focusing to go after a high-end, tech savvy base of users.  Their phones will take some time to penetrate and become more cost effective.  However, as they start to move from low-end "cheap" phones to high-end "tech" phones/pda's ...we'll see real competition with the likes of Apple and HTC, etc.

However, if a true recession hits--people will be reluctant to spend $$$ on phones...which could throw off Nokia, but all competitors as well.


NOK:  This call was made on 01/28/08 @ $34.28
Rating:   Positive   $34.28 (01/28/08)
Closed:   03/12/2008 @ $32.38 (-5.54% in 44 days)


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Jax previously rated NOK
Positive +0.03% Bullish on NOK ...
01/28/2008
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