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“Emerging markets are growing faster than developed markets, so the sales mix is working against Nokia. Profit margins have been a problem.”
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“Cisco had pretty solid numbers pointing to solid growth. Cisco is definitely a bellwether. It's a big sigh of relief.”
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“If you look at the technology food chain in Europe there's not much exposure to Apple here. Memory chip companies have had a very strong run. Sometimes these things come at the same time and help overall sentiment.”
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