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Re: nieves post# 100514

Tuesday, 04/05/2005 1:11:08 PM

Tuesday, April 05, 2005 1:11:08 PM

Post# of 433021
Worth a repeat:Nokia (nyse: NOK - news - people ) will host its annual general meeting on Thursday. Lehman Brothers said earlier this week that the wireless telecom firm is tracking at the top of its guidance range. "We believe that Nokia is doing particularly well in China right now due to its efforts in improving distribution. The company's market share is likely to rise further as it rolls out more clam shell models, and thus addresses 60% of the market where it is currently under-represented," said Lehman. "We retain our positive bias on Nokia going into the first-quarter 2005 results. We believe that strong share gains in Europe should enable the company to hit the top of its guidance range."



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