Nokia (NOK) - Get Nokia Oyj Sponsored ADR Report was down 18% in preopen Instinet trading. The Finnish telecom equipmentmaker said it sold more than 128 million cell phones in 2000, a 64% increase from 1999 but below analysts' estimates of 130 million to 140 million.

Other mobile phone companies were also lower.

Motorola

(MOT)

fell 13% in Instinet trading.

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Ericsson

(ERICY)

was down 8% in preopen

Island

trading.