Ericsson overlook? Message Board

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Technology Stocks : Ericsson overlook?

ERIC 9.500

-1.3%

Nov 18 3:59 PM EST

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To: Mika Kukkanen who wrote (3450)	7/7/1999 12:17:00 PM
From: Leif V Singman	Read Replies (1) of 5390

"My only comment is that it is likely to be a VERY bad Q2" (Mika Kukkanen) You are probably right. Why else would Ericsson have picked this particular time to change leadership. Further, I wonder if Mr. Nilson was not made the fall-guy for the recent downturn in the company's fortunes. The first of Ericsson's earnings disappointments just happened too soon after he had taken over. Also, I remember reading an article in a Swedish newspaper at the time of his appointment saying that he deliberated for a full week after being offered the position as CEO by Dr. Ramqvist. The hand writing may already have been on the wall at that time. Leif

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