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Re: Eneerg post# 32923

Tuesday, 06/17/2003 9:07:43 AM

Tuesday, June 17, 2003 9:07:43 AM

Post# of 433225
Eneerg, appreciate all you do. Was wondering what Mr. Windsor was conveying in this paragraph:
Nokia has been as hard-hit as anybody, and it continues to post losses in its equipment division, which contributes about 17% of total revenues and should post operation margins of -5.1% this year, estimates analyst Richard Windsor of brokerage Nomura Securities in London. One concern about the Nokia Networks division, Windsor says, is that its success is tied to acceptance of one particular flavor of 3G, while rivals are also pitching a Qualcomm alternative that appears to have more momentum.
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