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Replies to #14066 on The Black Box
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wahz

03/08/04 8:54 AM

#14067 RE: wahz #14066

8:17AM Barron's highlights cheap tech stocks : Barron's column "Hidden Bargains" highlights cheap European tech stocks, such as Nokia and Infineon. Take Nokia versus Motorola: The Finnish handset maker has a '04 P/E of about 16 times, once you subtract from the market capitalization the hoard of cash it has. Nokia has 20%-plus handset margins and arguably the best third-generation handsets in the business