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Technology Stocks : Ericsson overlook?
ERIC 10.80-0.8%Jan 30 9:30 AM EST

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To: Mika Kukkanen who wrote (3719)9/30/1999 6:29:00 AM
From: Mika Kukkanen  Read Replies (3) of 5390
 
Swedish Ericsson Unable To Meet Demand For New T28 Mobile Phone

Ericsson AB, the world's No. 3 maker of mobile phones, can't
deliver enough units of its new T28 mobile phone to satisfy
customers' demand for it, reported newspaper FinansTidningen,
citing Sten Schroeder, chief executive officer of Onoff, a
Swedish retailer of consumer electronics. "We could sell any
number of units if we only had some to deliver," said Schroeder,
adding that "It's actually pretty frustrating." Ericsson has
started making the T28 model in more factories, though Pia
Gideon, head of information at Ericsson, admits "it's obviously
not enough to meet demand." (www.fti.se)
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