Ericsson overlook? Message Board

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Technology Stocks : Ericsson overlook?

ERIC 9.505

-0.2%

Dec 5 9:30 AM EST

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To: Tri Vo who started this subject	1/22/2001 10:11:25 AM
From: elmatador	Read Replies (2) of 5390

ERICSSON: VENTURE PARTNERS A FIASCO - E24 (News agency Direkt) -- Ericsson, Investor, Industrivarden and Merrill Lynch launched the venture capital company Ericsson Venture Partners in the end of August with focus on mobile Internet. According to Internet edition E24, five months after the launch the operation has not started yet, the operation has no manager and there have not been any investments. "Five months are not a long period for getting several competent people in place. We are ready to make the first investments during the first quarter," Rolf Eriksson, responsible for Ericsson`s part of the project, told E24.

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