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Nokia Corporation Message Board

  • nld_yhoo nld_yhoo Apr 5, 1998 11:44 AM Flag

    Nokia is way too cheap, I recommand STRO

    Nokia is dominating Europe telecommunication market. According to my chart reading, Nokia is heading $150 per share very quickly.

    Currently Nokia is $114 (equivalent to $57 after split). My target price is $140 within 2 weeks. By May 1, Nokia will be at $75 after split.

    Compare with Lucent, Nokia is way too cheap at this price.

    I strongly recommand NOKa.

    Good luck!

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    • Nld, I think you're being a little aggressive.

    • Thank you for your advice. I have a couple of friends that have recently purchased Nokia phones, and love their capabilities. If Nokia follows the same trend as LU after it split, we should see green signs soon! I was also looking for some history on nokia, and didn't find much on Yahoo(like revenue increase, debt, ect...) does anybody know where to find this info.

    • Yes - to me it looks like Nokia at $200 in some 3-6 month (with the split in mind that is the same as $100), so still it is very very cheap. I agree the split could have been formulated more clearly - but it is ok: whatever you have the 15th will be split as (0.5 * 2) next day ....... which will make it more easy to compare ericsson and nokia stocks - but, then ericsson is spiltting too soon ... (so maybe nokia will split agian soon ?)

      Another issue is that nokia will come out with 1Q results by end of this month... what happened when nokia showed '97 results ? +$10 !!!

      woodoo !

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