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  • However, if Navteq performs at that same level for just one or two more years, the price will have been more than repaid, and if it had paid less, there would have been counterbids.At Rethink we spent the best part of 2003/4 arguing with finance analysts who said devices such as mobile handsets would inevitably have competitive price erosion, and therefore Nokia, as the biggest such device maker,
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