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Nokia Corporation Message Board

  • sirosh sirosh Feb 25, 1998 3:29 AM Flag

    Low valuation relative to industry

    At current prices, Ericsson trades at 25.1 times Dec 98 estimates, and has a higher PE. Nokia has a better growth rate, and yet trades only at 22 times Dec 98 estimates. No wonder that 10 out of 15 or so analysts rate Nokia a strong buy.


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