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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	4/19/2001 1:53:41 PM
From: Dave Gore	of 37746

BRIEFING.COM - ERICY on SONY news might be interesting... Volume strong 19-Apr-01 13:00 -- 14:00 ET LM Ericsson (ERICY) 6.80 +0.48: In their Tech Intra-Daily, CSFB reiterates BUY rating after company has confirmed that it has entered in to talks with Japanese electronics giant, Sony (SNE) "about putting together an operation in mobile phones," although final decision have not been made. Firm sees deal as a positive believes the best outcome for Ericsson would be if ERICY and Sony spin-off their phones units into a new business, especially if Sony pays to get a 50% stake as this would give investors more confidence in the value of the business.

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